Electrovaya Inc. (TSX: EFL), developer and manufacturer of proprietary Lithium Ion SuperPolymer® battery systems, today announced the appointment of Bruce Coventry as Vice President of Operations. Bruce adds valuable experience to the management team as Electrovaya prepares to expand its manufacturing operations to take advantage of growing opportunities for its technology.
Mr. Coventry will lead the operations team in managing Electrovaya’s production and manufacturing of the Company’s Lithium Ion SuperPolymer® batteries, battery systems, and battery-related products for the clean transportation, smart grid power, consumer and healthcare markets. With over 25 years in operations management, Mr. Coventry has a demonstrated record of management and operational excellence combined with remarkable experience across the electric vehicle, energy, automotive and manufacturing industries.
Most recently, Mr. Coventry was President of the Power & Compression Group of Dresser Inc., a Texas-based provider of engineered infrastructure products for the global energy industry. Prior to this position, Mr. Coventry spent 15 years at Chrysler LLC, including Plant Manager, Kenosha Engine Plant, Vice-President and General Manager of Manufacturing Engine, Foundry and Axle Division and as CEO of Chrysler’s Global Electric Motorcars LLC, an electric vehicle company. He also served as President of the Global Engine Manufacturing Alliance (GEMA) where he managed the World Engine Production Plant Joint Venture between DaimlerChrysler, Mitsubishi Motors and Hyundai Motors. This GEMA engine plant was named as the most productive engine plant in North America during his tenure, recognizing efficiency levels 31% greater than the leading competitor’s most efficient plant.
“Bruce’s ability in building and managing operations will be very valuable as Electrovaya grows,” said Dr. Sankar DasGupta, Electrovaya’s Chief Executive Officer. “I am also enthusiastic about Bruce’s experience with creating a zero-emission compliance strategy, which is aligned with Electrovaya’s NMP-free and emission-free production process. We welcome Bruce to the Electrovaya management team, and look forward to his contributions in helping Electrovaya through this exciting phase of growth and expansion.”
Electrovaya Inc. (TSX:EFL) designs, develops and manufactures proprietary Lithium Ion SuperPolymer® batteries, battery systems, and battery-related products for the clean electric transportation, utility-scale energy storage & smart grid power, consumer and healthcare markets. The Company’s unique production process does not use toxic solvents. The Company’s mission is to accelerate clean transportation as a commercial reality with its advanced power system for all classes of zero-emission electric vehicles and plug-in hybrid electric vehicles. The Company’s mission is also to deliver utility-scale energy storage systems for the highest efficiency in electricity storage, whether the electricity is generated from intermittent wind and solar power or from other sources. Founded in 1996 and headquartered in Ontario, Canada, Electrovaya has production facilities in Canada as well as in the US, and customers around the globe. To learn more about how Electrovaya is the energy storage solution for powering mobility and utility-scale storage, please explore www.electrovaya.com.
For more information, please contact:
Paul L. Hart
Chief Financial Officer
Electrovaya Inc.
Telephone: 905.855.4636
Email: ir@electrovaya.com
Suzanne Craig or Danielle Ginach
The Blueshirt Group
Investor Relations for Electrovaya Inc.
Telephone: 415-217-4962/4964
Email: Suzanne or Danielle@blueshirtgroup.com
Forward-Looking Statements
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