Taken from the latest presentation.

Electrovaya Strategy: Two Battery Platforms
● “Infinity Platform”: Safety, Longevity with Excellent energy & Power
○ Focus: Commercial Vehicles; e-bus, e-forklift, e-trucks
○ Lowest holistic cost, highest value
○ Product Launched: Global partners and Users; Toyota, Raymond, Walmart ...
● “Solid-State Platform”: lowest initial $/energy (kWh); highest energy density
○ Focus: e-passenger cars who need lowest initial cost (sticker price)
○ Under development, patent position

Electrovaya has the best battery cell on the market with the EV-44 while (like everyone else) trying to perfect a solid state cell.  So why is the EV-44 not selling like hot cakes?  COST.  It is an expensive cell.  The solid state cell has higher energy density and lower manufacturing cost.  Electrovaya has said they will have a pouched solid state cell by first calender quarter 2022.  Long testing time.  In the mean time it looks like sales of the current EV-44 is picking up due  to its safety and long cycle life.  Even the Canadian Navy has taken notice...