Brief: Electrovaya signs supply agreement with a global OEM

Electrovaya

19/10/2016 12:12

Oct 19 (Reuters) - Electrovaya Inc  EFL.TO  -  
    * Electrovaya signs supply agreement and a strategic 
supplier agreement with a global OEM for residential energy 
storage applications 
    * Electrovaya Inc will supply 48V LITASTORE battery modules 
to global OEM if, as and when global OEM delivers purchase 
orders under agreements 
    * If max volume anticipated in volume pricing schedule is 
achieved,would result in EUR199 million being potential value of 
deal over 3-year period 
 
Source text for Eikon:  ID:nMKWtLYW8a  
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