BRIEF-Electrovaya's subsidiary Litarion signs MOU with leading OEM

Tue Jun 14, 2016 8:15am EDT
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June 14 (Reuters) - Electrovaya Inc

* Electrovaya's subsidiary Litarion signs MOU with a leading OEM, with operations in Europe and Asia, to deliver lithium ion cells for electric buses

* Deliveries start in Q4, CY 2016 and then "grow quickly" into 2017

* MOU also sets out specific cell pricing and specific cells sizes and energy capacity to be delivered to OEM Source text for Eikon: Further company coverage: