Electrovaya Inc. (TSX: EFL) today announced that it has started delivering battery packs to a second Plug-In-Hybrid vehicle platform from a major North American automotive OEM. Electrovaya had earlier announced in March 2010, that it is delivering batteries for its first PHEV for another vehicle platform.
“We are extremely pleased to be supplying lithium Ion SuperPolymer(R) based battery packs to this second major PHEV automotive platform, which has global recognition,” stated Dr. Sankar DasGupta, CEO of Electrovaya. “This development is a significant breakthrough in the Company’s goal of becoming the major battery supplier for the Electric Automotive marketplace”.
Electrovaya’s Lithium Ion SuperPolymer® Battery System for this Plug-In-Hybrid vehicle features the company’s proprietary battery technology, battery management system and complete mechanical, thermal, electrical and electronic subsystems. Electrovaya’s battery technology is manufactured in North America and is uniquely distinguished by its clean, non-toxic manufacturing process. Over 150 patents worldwide support Electrovaya’s proprietary technology.
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 and smart grid power, consumer and healthcare markets. 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 other mission is 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 powering mobility, please explore www.electrovaya.com.
For more information, please contact:
Shane Fallowfield
NATIONAL Public Relations
416-848-1702
Email: sfallowfield@national.ca
The Blueshirt Group
Suzanne Craig or Danielle Ginach
Telephone: 415.217.4962 / 415.217.4964
Email: suzanne or danielle@blueshirtgroup.com
Forward-Looking Statements
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