Advanced battery manufacturer Electrovaya has announced
the signing of two memorandums of understanding for its lithium-ion batteries, signed while accompanying Canada’s Prime Minister Stephen Harper on a trade mission to India. One agreement is with existing customer Hero Eco, to supply more batteries for its electric bikes in Europe, North America and India.
The other is with new client Environ Energy (a.k.a. Bhaskar Solar, part of a USD$4 billion Indian conglomerate), to supply batteries for telecommunications applications.