Brief: Electrovaya's subsidiary Litarion signs MOU with leading OEM

Electrovaya

14/06/2016 12:47

June 14 (Reuters) - Electrovaya Inc  EFL.TO  
    * Electrovaya's subsidiary Litarion signs MOU with a leading 
OEM, with operations in Europe and Asia, to deliver lithium ion 
cells for electric buses 
    * Deliveries start in Q4, CY 2016 and then "grow quickly" 
into 2017 
    * MOU also sets out specific cell pricing and specific cells 
sizes and energy capacity to be delivered to OEM 
 
Source text for Eikon:  ID:nGNXVFFSAa  
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