"Chrysler Group’s decision to choose Electrovaya as a battery supplier for this program is an important validation of our technology and our unique and zero-emission, NMP-free manufacturing process," added Dr. Sankar DasGupta, Electrovaya CEO. "This collaboration represents a key milestone achievement for Electrovaya and we look forward to working with Chrysler Group. We are confident that we are well-positioned to capitalize on the vast opportunities that lie ahead in the electric vehicle market."
The DOE-supported programs are an important enabler for key suppliers to understand and test customer acceptance and the capability of PHEV systems in real-world conditions.
Electrovaya Inc. (TSX: EFL) designs, develops and manufactures proprietary Lithium Ion SuperPolymer(R) batteries, battery systems, and battery-related products for the clean transportation, 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.
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.