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Message: Re: Wondering about Chrylser???

Dec 18, 2015 04:32PM
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Dec 18, 2015 05:59PM
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Dec 18, 2015 06:50PM
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Dec 18, 2015 07:24PM

Based on the recent financials showing no income from the US I would say it is highly unlikely that electrovaya is involved with this project as it would have provided substantial income if they were working with chrysler. They also stated in the CC that for now they will be concentrating on higher margin projects to bring in more revenue. They state they will be more involved in e-mobility towards the end of 2016 and into 2017, 2018 etc. With all the business they are aquiring I really don't think they would have the capacity to supply them right now anyway. It sounds like they will be involved with German automakers and possibly Chinese as well.

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