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NYSE Fortune 1000

Lithium-ion firm moves into new sector as business growth continues

Wed, 09/28/2016 - 15:30 -- Paul Crompton
Lithium-ion firm moves into new sector as business growth continues

Canadian battery maker Electrovaya has signed a Service Agreement with an unnamed NYSE Fortune 1000 electro-mobility maker to develop lithium-ion modules for its range of products.

Electrovaya will begin designing, developing and manufacturing the battery modules immediately, with large volume, commercial production starting in late 2017.

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