Electrovaya’s technologies provide solutions with superior safety and extended cycle lifeTORONTO, ON / ACCESSWIRE / November 22, 2022 / Electrovaya Inc. (“Electrovaya” or the “Company”) (TSX:EFL)(OTCQB:EFLVF), a leading lithium-ion battery technology and manufacturing company, today announced that it plans to start development of high-voltage stationary energy storage battery systems using its existing proprietary Infinity Battery Technology Platform. This technology platform, which is already deployed in a significant volume of material handling electric vehicles, has superior cycle life and safety performance standards compared to typical lithium-ion batteries.”We believe the time is right to develop bespoke lithium-ion battery solutions for the stationary energy storage market,” said Dr. Raj DasGupta, CEO of Electrovaya. “This market is growing rapidly, and as it matures, there is…
Electrovaya to Develop New Generation of Stationary Battery Energy Storage Systems using its Proprietary Infinity Battery Technology
