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Article: Electrovaya and Its Joint Venture Partner Miljobil Grenland Accelerating Activities to Meet Rapidly Expanding Demand.
- Article from:
- Marketwire Canada
- Article date:
- October 29, 2009
CopyrightCOPYRIGHT 2009 Canadian Corporate News. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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TORONTO, ONTARIO, Oct 29, 2009 (Marketwire via COMTEX) -- Electrovaya Inc. (TSX:EFL) today announced that it is accelerating the set-up of its joint-venture production facility in Norway with its partner Miljobil Grenland based on robust demand.
The Miljobil Grenland joint venture, of which Electrovaya is a shareholder, is establishing a Lithium Ion SuperPolymer(R) cell and battery pack manufacturing facility in Norway to meet the emerging demands of electric vehicles, including the Tata Motors Indica EV. Tata Motors is also a shareholder in this joint venture. This battery production facility will feature Electrovaya's unique zero-emission production process ...