Home > News > Electrovaya snags Chrysler supply deal
March 23rd, 2010
Electrovaya snags Chrysler supply deal
Abstract:
Battery innovator Electrovaya Inc. got a high-profile boost Monday from Chrysler Group LLC and the automaker's former chief executive.
Shares in the Mississauga-based company climbed as much as 25 per cent after the maker of lithium-ion battery systems announced Thomas LaSorda, former president and CEO of Chrysler, had joined the Ontario firm's board and is working as strategic adviser to its founder and CEO, Sankar Das Gupta.
Its core product is a lithium-ion superpolymer battery that claims high energy densities that are ideal for electric cars and grid storage. The company also boasts a nanotechnology-based manufacturing process that, unlike many of its rivals, doesn't rely on toxic solvents.
Source:
thestar.com
Related News Press |
News and information
Gene therapy relieves back pain, repairs damaged disc in mice: Study suggests nanocarriers loaded with DNA could replace opioids May 17th, 2024
Oscillating paramagnetic Meissner effect and Berezinskii-Kosterlitz-Thouless transition in cuprate superconductor May 17th, 2024
Announcements
Diamond glitter: A play of colors with artificial DNA crystals May 17th, 2024
Finding quantum order in chaos May 17th, 2024
Oscillating paramagnetic Meissner effect and Berezinskii-Kosterlitz-Thouless transition in cuprate superconductor May 17th, 2024
Financial Reports
Arrowhead Pharmaceuticals to Webcast Fiscal 2021 Second Quarter Results April 16th, 2021
Arrowhead Pharmaceuticals to Webcast Fiscal 2021 Second Quarter Results April 16th, 2021
Automotive/Transportation
Researchers’ approach may protect quantum computers from attacks March 8th, 2024
Tests find no free-standing nanotubes released from tire tread wear September 8th, 2023
Battery Technology/Capacitors/Generators/Piezoelectrics/Thermoelectrics/Energy storage
What heat can tell us about battery chemistry: using the Peltier effect to study lithium-ion cells March 8th, 2024
A battery’s hopping ions remember where they’ve been: Seen in atomic detail, the seemingly smooth flow of ions through a battery’s electrolyte is surprisingly complicated February 16th, 2024
The latest news from around the world, FREE | ||
Premium Products | ||
Only the news you want to read!
Learn More |
||
Full-service, expert consulting
Learn More |
||