Electrovaya Inc. CEO to pay $250K penalty over OSC disclosure violations
Settlement follows allegations by the OSC that Electrovaya issued unbalanced press releases and failed to update its disclosure record.
Green power for forklifts
Electrovaya’s green tech will be field tested by Mondelez’s distribution centre forklifts to reduce emissions and improve productivity.
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.