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Message: Dec 2012 article

Never heard again of storage unit ownership by Electrovaya, shortly before PR on MOU with Asian Partner (Mahindra ?). Could come back on table or just a dead "PR pipeline" ?

I am sure that did not fly. Those were the original version batteries and were just not ready for prime time. The Version 2 battery was much better and could compete with all. Now with the improved version 2 battery I think the competiotion will have to compete with a better battery that is produced at a lower cost. I am now wating on results of testing as most here are. Testing takes a while. The current economic outlook may be having a dampening effect on the firm ordering process. No one want to get caught over extended.

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