on Electrovaya, Inc. (NASDAQ:ELVA)
Electrovaya Launches New Battery Systems for Robotic Vehicles
Electrovaya Inc., a leader in lithium-ion battery technology, has announced the launch of multiple battery system products tailored for new robotic vehicle platforms. These developments are in collaboration with three major OEM partners, two in the USA and one in Japan. The applications range from material handling to surveillance systems.
This launch is part of a strategic effort to penetrate the expanding robotics market, capitalizing on Electrovaya's strengths in battery longevity and safety. Initial deliveries are set for this quarter, with an increase expected in FY 2026.
The advanced battery systems offer extended run times, longevity, and rapid wireless charging, designed to function in 24/7 environments. CEO Raj DasGupta emphasized the reliability and durability required in robotics applications, aligning with Electrovaya's technology and the fast-growing AI sector.
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