Electrovaya Supplying Lithium Ion Batteries to Hyster-Yale
Ceramic Separator, Separion™, Gives Industry Leading Safety to Lithium Ion Batteries
TORONTO, Ontario, September 15th, 2016 – Electrovaya (TSX:EFL) (OTCQX:EFLVF) today announced that it is supplying Lithium Ion Batteries to Hyster-Yale Group. These Lithium ion battery modules all contain Electrovaya’s proprietary ceramic separator, Separion™, which provides the highest level of reliability and cycle life to lithium ion batteries.
Electrovaya had previously announced this relationship in a press release on May 26, 2016 announcing signing of the Master Supply Agreement and on July 26, 2016 announcing the start of deliveries against purchase orders without naming the customer.
About Electrovaya Inc:
Electrovaya Inc. (TSX:EFL) (OTCQX:EFLVF) designs, develops and manufactures proprietary Lithium Ion Super Polymer® batteries, battery systems, and battery-related products for energy storage, clean electric transportation and other specialized applications. Electrovaya, through its fully owned subsidiary, Litarion GmbH, also produces cells, electrodes and SEPARION™ ceramic separators and has manufacturing capacity of about 500MWh/annum. Electrovaya is a technology focused company with extensive IP. Headquartered in Ontario, Canada, Electrovaya has production facilities in Canada and Germany with customers around the globe. To learn more about how Electrovaya and Litarion is powering mobility and energy storage, please explore www.electrovaya.com, www.litarion.com and www.separion.com.
For more information, please contact:
Electrovaya Inc.
Email: ir@electrovaya.com
Phone: (905) 855-4618
Electrovaya Inc.,
2645 Royal Windsor Dr,
Mississauga, ON, L5J 1L1,
Canada
