Electrovaya Receives €18.5 Million Order

Electrovaya announced that its new, wholly-owned German subsidiary Litarion received a €18.5 million (nearly $21 million) order for lithium-ion battery products from an undisclosed German company in the non-automotive space. For Electrovaya, those are relatively high values and €2.8 million (over $3.1 million) of the order will be delivered this year…. …read more