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Message: Re: Interaction between Li-Tec and Litarion ?

"Question: The fact that the LG-Daimler supply deal is only for the Smart EV in 2016, do you consider that as a hint that there could be something in the works between Daimler/Litec, Litarion/Electrovaya and LG"

Still do not see why LG should be in the loop with Electrovaya, Daimler set back on plan to make their own battery cell and purchase LG cell (as many others top notch automotive) while expanding their own battery pack business with LG cells BUT they mention in past article that Li-Tec will be maintained as a research location, so battery manufacturing equipment still stand next door to Litarion, so could be available for R&D collaboration and maybe assembling of litarion electrodes in cells (tolling contract).

Li-Tec will be retained as a research location; the majority of the 280 employees will be transferred to the Deutsche Accumotive—also a wholly owned Daimler subsidiary—which manufactures battery packs. Accumotive is currently expanding its production capacity to build systems for the next generation of the electric smart among others. Cells are slated to come from LG Chem.

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