Electrovaya subsidiary Litarion receives US$16M contract for 40Ah Li-ion cells

Green Car Congress
By mmillikinJan 12, 2016, 8:05 am164 pts
Electrovaya announced that its wholly owned subsidiary, Litarion GmbH, has received a purchase order for about US$16 million to supply 40 Ah Lithium Ion cells (Litacell-LC40) to a US-based company. The purchase order is for a period of 14 months, the deliveries have started and the first payment received. The…

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