Electrovaya delivers li-ion batteries to undisclosed U.S. automaker for PHEV

For more than a year, Canada-based lithium-ion battery manufacturer Electrovaya has worked with Dodge on its prototype plug-in hybrid Ram truck project. The plug-in pickup, which uses Electrovaya's 12-kWh lithium-ion "SuperPolymer" battery, is expected to hit fleets by the end of summer 2011.

Apparently, the Dodge Ram project is one of at least two plug-in hybrid vehicles that Electrovaya's SuperPolymer batteries will power. Electrovaya has announced that it's been selected by a "major North American automotive OEM" to supply li-ion packs for a plug-in hybrid electric vehicle (PHEV) platform. Furthermore, delivery of the SuperPolymer packs for this undisclosed plug-in have commenced.

Dr. Sankar DasGupta, chief executive officer of Electrovaya, said in a statement that the deliveries marked, "a significant breakthrough in the company's goal of becoming the major battery supplier for the electric automotive marketplace."
[Source: Electrovaya, Inc.]
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Electrovaya Begins Deliveries of Battery Systems for Second Plug-in Hybrid Electric Vehicle Platform for Major U.S. Automotive OEM

TORONTO, Feb. 14 /CNW/ - Electrovaya Inc. (TSX: EFL) today announced that it has been chosen by a major North American automotive OEM to supply battery packs for its second Plug-In-Hybrid vehicle (PHEV) platform, and delivery has commenced. This announcement follows Electrovaya's earlier announcement that it is delivering battery systems for the Ram Plug-In-Hybrid vehicle program.

"We are extremely pleased to be supplying lithium Ion SuperPolymer® based battery packs to this second major PHEV automotive platform which has global recognition," stated Dr. Sankar DasGupta, CEO Electrovaya. "This development is a significant breakthrough in the company's goal of becoming the major battery supplier for the electric automotive marketplace".

Electrovaya's Lithium Ion SuperPolymer® Battery System for this Plug-In-Hybrid vehicle features the company's proprietary battery technology, battery management system and complete mechanical, thermal, electrical and electronic subsystems. Electrovaya's battery technology is manufactured in North America and is uniquely distinguished by its clean, non-toxic manufacturing process. Electrovaya's proprietary technology is supported by over 150 patents worldwide.

About Electrovaya:
Electrovaya Inc. (TSX:EFL) designs, develops and manufactures proprietary Lithium Ion SuperPolymer® batteries, battery systems, and battery-related products for the clean electric transportation, Utility Scale Energy Storage and smart grid power, consumer and healthcare markets. The Company's mission is to accelerate clean transportation as a commercial reality with its advanced power system for all classes of zero-emission electric vehicles and plug-in hybrid electric vehicles. The Company's other mission is to deliver Utility Scale Energy Storage Systems for the highest efficiency in electricity storage, whether the electricity is generated from intermittent wind and solar power or from other sources. Founded in 1996 and headquartered in Ontario, Canada, Electrovaya has production facilities in Canada as well as in the US, and customers around the globe. To learn more about how Electrovaya is powering mobility, please explore www.electrovaya.com.

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