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Message: Re: Questions about the Chinese order for separators

Nickto,

The NR mentions Charles Zhang as being a Separion sales agent in China (not an Evonik sales agent).

How do you know that Separion started looking to sell their ceramic separators before the plant acquisition by Electrovaya?

The acquisition NR says the following:

Separion is a proprietary ceramic composite separator for ultra-safe lithium ion battery applications. The acquisition includes an exclusive license to distribute as well as the ability to sub-license, form joint ventures, expand production within Germany, establish additional plants in Asia and elsewhere. Previously Separion had a restricted customer base, however now this exciting and desirable material will be marketed and made available globally.

Wouldn't that mean that the Separion separators are available to the open market since the Electrovaya acquisition?

Am I understanding it the wrong way?

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