from marketwire:

http://www.marketwire.com/press-release/Electrovaya-Reports-First-Quarter-FY-2011-Results-TSX-EFL-1395701.htm

I am impressed by Electrovaya's ability to live off its own cash flow

I am curious to see which OEM has selected Electrovaya for its PHEV platform...anybody have a guess?

I am also excited about Electrovaya's push into the energy storage market. I think this market has a very large potential with the increasing amounts of intermittent renewable energy capacity being incorporated into grids around the world.

disclosure: long EFL