Electrovaya Inc, a manufacturer of lithium-ion battery systems, has entered into a new agreement with Amazon to support the continued deployment of its Infinity Battery Technology across the e-commerce company’s material handling operations. The agreement strengthens the long-standing relationship between the two companies and also creates opportunities to explore the use of Electrovaya’s battery technology in robotics and energy storage applications.
As part of the agreement, Amazon will receive warrants to purchase up to 13,880,345 common shares of Electrovaya. The arrangement reflects the companies’ commitment to advancing battery technologies that improve operational efficiency, safety and sustainability across industrial applications.
Electrovaya’s Infinity Battery Technology has been widely deployed in material handling operations, where high-performance batteries play a critical role in powering electric forklifts and warehouse equipment. The company said its battery systems have maintained a strong field safety record while offering lower environmental impact and reduced total cost of ownership compared with conventional lithium-ion battery technologies.
The battery platform has been designed to deliver long service life, enhanced safety and reliable performance in demanding industrial environments. These capabilities have made the technology well suited for warehouse logistics, distribution centres and manufacturing facilities that require continuous equipment operation.
Building on its battery platform, Electrovaya is also developing advanced energy storage systems that combine Infinity lithium-ion technology with high-power architectures. These solutions are intended for use in data centres, industrial facilities and logistics operations, where they are expected to provide improved charging speeds, extended cycle life and enhanced operational safety.
The company believes the agreement with Amazon could support the future deployment of these technologies in additional applications, including robotic systems and stationary energy storage, as industries increasingly adopt electrified and automated operations.
Lithium-ion battery systems have become an important component of modern material handling equipment because they allow opportunity charging during work shifts and eliminate the need for frequent battery replacement. Unlike traditional lead-acid batteries, lithium-ion systems can support multi-shift operations with minimal downtime, helping improve productivity while reducing maintenance requirements.
To support growing demand, Electrovaya is expanding its manufacturing footprint in the United States. The company is developing a 52-acre manufacturing site in Jamestown, New York, where it plans to establish its first gigafactory. The project includes the construction of a 137,000-square-foot production facility, which is expected to increase manufacturing capacity and strengthen the company’s ability to serve customers across North America.
Commenting on the agreement, Raj DasGupta, Chief Executive Officer of Electrovaya, said the company’s Infinity Battery Technology has consistently delivered reliable performance in demanding material handling environments. He added that the expanded relationship with Amazon creates new opportunities to deploy the technology in other industrial applications where long battery life, operational reliability and safety are essential.
The latest agreement reinforces Electrovaya’s strategy of expanding the adoption of advanced lithium-ion battery solutions across industrial sectors. With increasing demand for electrified equipment, automation and energy storage, the company aims to strengthen its position as a provider of battery technologies that support efficient, safe and sustainable industrial operations.
