Business
Electrovaya Acquires Key Ceramic Separator Patents for Lithium Ion Batteries
TORONTO, ONTARIO / ACCESSWIRE / February 4, 2020 / Electrovaya Inc. ("Electrovaya") (T...
About this update from Electrovaya Inc.
[{"type":"text","content":"Electrovaya Acquires Key Ceramic Separator Patents for Lithium Ion BatteriesTORONTO, ONTARIO / ACCESSWIRE / February 4, 2020 / Electrovaya Inc. (\"Electrovaya\") (TSX:EFL) (OTCQB:EFLVF) today announced that it has acquired 30 key ceramic separator and battery issued patents that were previously owned by Litarion GmbH. The patents concern the design, manufacture and application of ceramic composite separators in lithium ion batteries as well as a novel battery design.\"Acquiring these key patents strengthens Electrovaya's proprietary position in lithium ion ceramic battery products, and provides additional intellectual property in important geographies such as the USA, China, Japan, South Korea and Germany\", says Dr. Raj DasGupta, Vice-President at Electrovaya. Electrovaya's batteries features ceramic separator and provides industry-leading cycle life, safety, energy and power.For more information, please contact:Investors:Jason Roy, Director Investor RelationsElectrovaya [email protected]:Peter KovenBay Street Communications647-496-7857peterkoven@baystreetcommunications.comAbout Electrovaya Inc.Electrovaya Inc. (TSX:EFL) (OTCQB:EFLVF) designs, develops and manufactures proprietary lithium ion batteries, battery systems, and battery-related products for energy storage, clean electric transportation and other specialized applications. Electrovaya is a technology focused company with extensive IP. Headquartered in Ontario, Canada, Electrovaya has production facilities in Canada with customers around the globe.To learn more about how Electrovaya is powering e-mobility and energy storage, please explore www.electrovaya.com.Forward-Looking StatementsThis press release contains forward-looking statements, including statements that relate to, among other things, the acquisition of certain patents, the ability to use the patents in certain geographies of United States, China, Japan, South Korea and Germany, the ability to use these ceramic separator patents for lithium ion cells and batteries, revenue forecasts, increasing ability to sell directly to Fortune 1000 companies and sell through the OEM distribution channels, technology development progress, plans for shipment using the Company's technology, production plans, the Company's markets, objectives, goals, strategies, intentions, beliefs, expectations and es...