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Electrovaya Announces Increased Battery Capacities and New UL Listings
Increasing battery capacity by 7% for all current battery models and UL listing for addition...
About this update from Electrovaya Inc.
[{"type":"text","content":"Electrovaya Announces Increased Battery Capacities and New UL ListingsIncreasing battery capacity by 7% for all current battery models and UL listing for additional modelsTORONTO, ON / ACCESSWIRE / October 5, 2021 / Electrovaya Inc. (\"Electrovaya\" or the \"Company\") (TSX:EFL)(OTCQB:EFLVF), a lithium ion battery manufacturer with industry-leading performance and substantial intellectual property, today announced that all of its battery models will be receiving a capacity increase of approximately 7%. This change has also been reflected in the UL files for Electrovaya batteries, in which new model numbers are used to reflect the capacity increases. Furthermore, additional models have been added to the UL file, expanding the number of Electrovaya UL-listed offerings.\"This increase in battery capacity further cements the leading performance standards of Electrovaya's high energy density products,\" said Dr. Raj Das Gupta, COO of Electrovaya. \"Electrovaya continues to provide battery systems with industry-leading safety and cycle life, meeting the demands of the most demanding applications.\"About 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 mobility and energy storage, please explore www.electrovaya.com.For more information, please contact:Investor Contact:Jason RoyElectrovaya Inc.Telephone: 905-855-4618Email: [email protected] StatementsThis news release contains \"forward-looking information\" within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as \"may\", \"will\", \"expect\", \"likely\", \"should\", \"would\", \"plan\", \"anticipate\", \"intend\", \"potential\", \"proposed\", \"estimate\", \"believe\" or the negative of these terms, or other similar words, expressions, and gram...