Right and actual focus make much more sense than automotive which is the worst and tuffest for a small company, industrial and storage with lot of build to order much more real, Chrysler deal was more a story.
Litarion acquisition is really great and in excellent condition + Separion, still miss to show a trend to transform pipeline in commercial order, but that's a new company they will have never get where they are now with Litarion alone, impressive move.
Will not have bet to see first Separion order from China already, a deal to make a Separion JV in China or India could come faster than expected. Already made an expected 1M$ sales of Separion and they pay a ridiculous 20,000 Euros royalty fee for exclusivity.
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We are now assessing Joint Ventures and other means to increase capacity to meet increasing demand
An excellent news in the coming 6-12 months will be also confirmation that they can deliver to Leclanché based on non-NMP dry process, will be huge step to prove external customers qualify their process.
Without Litarion acquisition, Electrovaya future was gloomy, but instead we get Electrovaya 2.0 :-)
