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Electrovaya Secures UL2580 Certification for Over 400 Battery Models

Graphique de l'évolution du cours de l'action Electrovaya, Inc. (EBR:ELVA).

Electrovaya Inc. has announced its successful UL2580 certification for 448 models of its advanced lithium-ion battery systems, which are set for mass production in Jamestown, NY. These models include systems with the 54Ah ceramic cell, promising enhanced performance metrics such as improved charge rates and energy density.

This certification underscores Electrovaya's rigorous safety standards, passing tests like fire propagation, vibration, shock, and short circuit testing. Such rigorous safety benchmarks further solidify the company's market leadership in batteries for industrial and heavy-duty vehicles.

With the material handling industry being a significant revenue driver, Electrovaya anticipates reinforcing its competitive edge through these developments. The rollout of these advanced systems to clients is scheduled for this year.

R. P.

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