Electrovaya CEO Raj DasGupta joins Natalie Stoberman from the Proactive studio to discuss how the company has grown as a battery supplier for globally recognized corporations.
DasGupta says the company has seen 100 percent rate of growth over the past year as a supplier in the material handling sector. In the last quarter, DasGupta adds Electrovaya has achieved its first net profit with record revenue of $10.5 million and over $20 million in purchase orders.
Electrovaya is a technology-focused company with extensive IP, designs, develops, and manufactures proprietary lithium-ion batteries, battery systems, and battery-related products for energy storage, clean electric transportation, and other specialized applications.