Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > Electrovaya Partners with Tata Motors and Miljo to Launch Electric Car and Battery Production in Norway

Indica EV
Indica EV

Abstract:
Electrovaya (TSX:EFL) today announced it is partnering with Tata Motors and Miljo Grenland/Innovasjon to manufacture batteries and electric cars in Norway, beginning 2009, using Electrovaya's proprietary and award winning Lithium Ion SuperPolymer® battery technology.

Electrovaya Partners with Tata Motors and Miljo to Launch Electric Car and Battery Production in Norway

MISSISSAUGA, ON, Canada | Posted on October 14th, 2008

Tata Motors' UK subsidiary, Tata Motors European Technical Centre plc, holds 50.3% of the equity of Miljo.

As its technology partner, Electrovaya receives equity in Miljo, a technology license fee and a royalty based on the value of its proprietary Lithium Ion SuperPolymer® batteries used in the electric cars.

In addition to manufacturing state-of-the-art Lithium Ion SuperPolymer® batteries and the development of related technologies, Miljo will produce electric vehicles based on Tata Motors' products. The first such vehicle will be the Indica EV, which is scheduled for launch in Europe during 2009. The Indica EV will be a practical option for the consumer: capable of carrying 4 people, adequate luggage space, with a predicted range of up to 200 km and acceleration of 0-60 kmph in under 10 seconds.

####

About Electrovaya Inc.
Electrovaya (TSX:EFL) is a world leader in the design, development and manufacture of its proprietary Lithium Ion SuperPolymer® battery systems. Electrovaya's mission is to accelerate clean transportation as a commercial reality with its advanced power systems for all classes of zero-emission electric vehicles and plug-in hybrid electric vehicles. Electrovaya also offers battery-related consumer products primarily focused on the healthcare market.

Forward-Looking Statements:

This news release may contain forward-looking statements that involve a number of risks and uncertainties, including statements regarding the outlook for the Company's business and results of operations. Risks are outlined in the Company's MD&A for the quarter ending June 30, 2008 and are set forth in public disclosure documents filed with Canadian regulatory authorities. By nature, these risks and uncertainties could cause actual results to differ materially from those indicated. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

For more information, please click here

Contacts:
Electrovaya Inc.
P. Hart
Chief Financial Officer
(905) 855-4636

Copyright © Marketwire

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Camouflaged nanoparticles used to deliver killer protein to cancer June 17th, 2018

Squeezing light at the nanoscale: Ultra-confined light could detect harmful molecules June 17th, 2018

Physicists devise method to reveal how light affects materials: The new method adds to the understanding of the fundamental laws governing the interaction of electrons and light June 15th, 2018

Tripling the Energy Storage of Lithium-Ion Batteries: Scientists have synthesized a new cathode material from iron fluoride that surpasses the capacity limits of traditional lithium-ion batteries June 14th, 2018

Announcements

Camouflaged nanoparticles used to deliver killer protein to cancer June 17th, 2018

Squeezing light at the nanoscale: Ultra-confined light could detect harmful molecules June 17th, 2018

Physicists devise method to reveal how light affects materials: The new method adds to the understanding of the fundamental laws governing the interaction of electrons and light June 15th, 2018

Tripling the Energy Storage of Lithium-Ion Batteries: Scientists have synthesized a new cathode material from iron fluoride that surpasses the capacity limits of traditional lithium-ion batteries June 14th, 2018

Automotive/Transportation

Nickel ferrite promotes capacity and cycle stability of lithium-sulfur battery June 13th, 2018

Northwestern researchers predict materials to stabilize record-high capacity lithium-ion battery: Advancement could pave the way for less expensive, longer-lasting batteries for electric vehicles May 29th, 2018

Harvesting clean hydrogen fuel through artificial photosynthesis May 3rd, 2018

Research gives new ray of hope for solar fuel April 27th, 2018

Battery Technology/Capacitors/Generators/Piezoelectrics/Thermoelectrics/Energy storage

Tripling the Energy Storage of Lithium-Ion Batteries: Scientists have synthesized a new cathode material from iron fluoride that surpasses the capacity limits of traditional lithium-ion batteries June 14th, 2018

Nickel ferrite promotes capacity and cycle stability of lithium-sulfur battery June 13th, 2018

Northwestern researchers predict materials to stabilize record-high capacity lithium-ion battery: Advancement could pave the way for less expensive, longer-lasting batteries for electric vehicles May 29th, 2018

Self-assembling 3D battery would charge in seconds May 22nd, 2018

Alliances/Trade associations/Partnerships/Distributorships

Leti and Cellmic Join Forces to Speed Market Adoption of Lens-Free Imaging and Sensing Techniques May 3rd, 2018

Nanobiotix and Weill Cornell Medicine Partner on Pre-Clinical Research Inbox x May 3rd, 2018

New era in high field superconducting magnets – opening new frontiers in science, nanotechnology and materials discovery January 9th, 2018

Leti Field Trials Demonstrate New Multicarrier Waveform for Rural, Maritime Broadband Radio: Field Trial in Orkney Islands Used New Filtered Multicarrier Waveform at 700MHz Band with Flexible Bandwidth Usage (Fragmented and Continuous Spectrum) December 18th, 2017

NanoNews-Digest
The latest news from around the world, FREE



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project