Electrovaya’s subsidiary Litarion signs MOU with a Major OEM in the e-mobility industry, for the delivery of Lithium Ion Battery Modules

This MOU envisages demand around €37 million (US$41 million or CDN$53 million) in 2017 and growing rapidly thereafter. Toronto, Ontario – July 6th, 2016 – Electrovaya Inc. (TSX: EFL) today announced that its wholly owned subsidiary Litarion GmbH signed a Memorandum of Understanding (MOU) with...

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