Electrovaya to produce electric batteries for Chinese EVs
Electric batteries will be installed in two electric car platforms that will be released in late 2013.
TORONTO—Electrovaya Inc. will produce prototypes to deliver complete electric vehicle battery systems for China’s DongFeng Motors’ two electric vehicle platforms, set to be launched later this year.
The Electrovaya 18kWh Lithium Ion SuperPolymer battery consists of its proprietary high energy density cells and BMS (Battery Management System), as well as sub-assemblies of mechanical, thermal, electrical and electronics.
DFM presently manufactures over 3.5 million vehicles in China and its electric vehicle program is slated to become one of the largest electric vehicle programs in the world, according to Joseph Cho, Eletrovaya’s advisor for China’s electric vehicle market.
“We know there’s a tremendous future for Ontario’s green-energy companies here in China. Today’s signing between DongFeng Motors and Electrovaya is proof of just how much we have to offer,” said Ontario premier Dalton McGuinty. “This new contract will create good Ontario jobs and help reduce climate change.”
Financial details of the deal have not been released.