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Message: Re: SANKAR Das Gupta on Bloomberg from London

As part of my research, I have evaluated the competition. Take some time and see what the other battery manufacturers offer. I think you will be surprised at how competitive Electrovaya really is. For example Flux Power is probably the leading Lithium battery company for forklifts. Their energy density is 110 wh/kg (that was the highest I found some data showed well under 100) and their cycle life is 2000 at best. Check and see what the competition is offering for buses as well. For me I understand why they are selecting Electrovaya's batteries, they really are tough to beat. http://www.fluxpwr.com/products/technology/  So if Electrovaya offers 165 wh/kg and 9-10,000 cycles as well as better safety there really is no choice. The battery will last 5 times longer!  

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