Electrovaya to supply battery systems for IRT's full electric locomotives serving a variety of rail applications including industrial operations, ports, short line railroads, defense, and commuter rail.
This new vertical helps to justify buy ratings from Roth, Craig-Hallum, HC Wainwright and Alliance Global Partners and suggests a very active time ahead for the company.
https://finance.yahoo.com/news/electrovaya-innovative-rail-technologies-enter-110000960.htmlÂ