They have been in talks with Chrysler, Tata, Dongfeng, a fortune 10 company and "others" in the auto industry. Recently they have ramped up production and their revenue pipeline is over 100 million. They have hired more management to deal with all the new business. The SP has held even in the face of investors selling to take profits. http://www.greencarcongress.com/2014/06/20140619-abr.html The DOE is funding research into lithium ion batteries that will provide over 200 wh/kg, electrovaya has that now. The DOE is funding research into non-NMP lithium ion batteries http://energy.gov/sites/prod/files/2014/03/f9/es133_metz_2012_p.pdf electrovaya has that now. Their cost to produce the batteries are at levels that were not expected for years. I believe something major has happened, the technology is finally being recognized and the global players are coming to electrovaya. With the SP moving the way it has I believe an announcement is coming soon, hope we don't have to wait much longer.