New nothing.
The Company’s subsidiaries and percentage of ownership are as follows:
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- Electrovaya Corporation - 100%
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- Electrovaya Company - 100%
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- 1408871 Ontario Inc.* – 100% (amalgamated with Electrovaya Corporation)
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- Electrovaya USA Inc. – 100%
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- Electrovaya GmbH - 100% (inactive)
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- Miljobil Grenland A.S. ("MGB") - 100% (inactive)
*On September 1, 2018, 1408871 Ontario Inc. and Electrovaya Corporation were amalgamated under the Business Corporations Act (Ontario) and the amalgamated company continued as Electrovaya Corporation.