Electrovaya signs a Letter of Intent with a major Residential Energy Storage Provider for delivery of Lithium Ion Battery Modules for Residential Energy Storage over a period of three years for an estimated total of up to Euro 199 Million ( US$ 223 million, Cdn $ 288 million)

This Letter of Intent envisages delivery over three years starting in Q4, FY 2016, to a major Original Equipment Manufacturer and leader in the growing Residential Energy Storage market. Toronto, Ontario – June 15, 2016 – Electrovaya Inc. (TSX: EFL) today announced that it signed a...

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Electrovaya’s subsidiary Litarion signs MOU with a leading OEM, with operations in Europe and Asia, to deliver Lithium Ion cells for Electric Buses

This MOU envisages production demand around Euro 11 million (US $12 million, Cdn $16 million) in 2017 and growing exponentially thereafter into the fast growing electric bus market in Europe and Asia, a new market segment for Electrovaya Toronto, Ontario – June 14th, 2016 – Electrovaya...

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