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Message: Plugging in: Chrysler goes big with electric hybrid vehicles; minivan test fleet

I have been told by IR that the next earnings report and I assume conference call will be in December, the dates posted by some financial sites are estimates and not accurate. From what I have heard the batteries are performing well in the truck, there were problems with the charger initially and the charger has been replaced, I believe they have gone with a different company to supply the charger. Electrovaya was not the supplier for the charger, that is one of the issues with this project is that they have tried to use as many companies as possible to supply parts for this project and many of them have never worked together before. Updates can be reviewed at http://avt.inel.gov/library.shtml . The results for July, Aug., Sept., and recently Oct. can be viewed here. I am really looking forward to the minivan project, I can't wait to see the results of that one and electrovaya will be supplying more of the components for the minivan project. It was interesting a few months ago when the Ram deliveries were beginning and one of the Chrysler reps stated that it would not be going into production and Electrovaya put out a comment immediately that this was not their understanding and that it depended on how the vehicle performed. The Ram 1500 and Town and Country are Chryslers biggest sellers so if these do go into production it would be a huge contract if they got it. Chrysler has also announced that they will be introducing a hybrid chrysler 300 in 2013. Exciting times.

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