Litarion Invited to Join the European Commission’s Proposed Battery Alliance
The Commission is clear that, while support from the Commission, the European Investment Bank and some Member States is important, the lead needs to stay with the industry. Others invited to participate in the proposed Alliance include battery-users like European automotive companies, in addition to materials suppliers and technology partners.
Litarion has installed production capacity of approximately 500 MWh of electrodes and separators, the key components in a Lithium Ion cell. Litarion believes this is one of the largest installed capacities of any company in Europe and that it can contribute to the proposed Alliance through its production capabilities, technology excellence, know-how and experience in the field.
According to the European Commission, a roadmap for the proposed EU Battery Alliance will be presented at the Clean Energy Industrial Forum in February 2018.
Please see www.litarion.com for a review of our Electrodes and SEPARION Separator technology. Please see www.electrovaya.com for investor presentation and detailed product profiles.
For more information, please contact:
Ian Lyons, CFA VP Investor Relations
Media & Retail Investors:
Bay Street Communications
About Electrovaya Inc.
Electrovaya Inc. (TSX:EFL)(OTCQX:EFLVF), designs, develops and manufactures proprietary Lithium-ion Ceramic Batteries, battery systems, and battery-related products for energy storage, clean electric transportation and other specialized applications. Electrovaya, through its fully owned subsidiary, Litarion GmbH, also produces cells, electrodes and SEPARION™ ceramic separators and has manufacturing capacity of about 500MWh/annum. Electrovaya is a technology focused company with extensive IP. Headquartered in Ontario, Canada, Electrovaya has production facilities in Canada and Germany with customers around the globe.
To learn more about how Electrovaya and Litarion is powering mobility and energy storage, please explore www.electrovaya.com, www.litarion.com and www.separion.com
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