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Message: Solid State Battery Progress

Our continuing research through our research division, Electrovaya labs, into next-generation sales and batteries are ongoing in the areas of solid-state sales and clean electrode production. We are seeing good cycle life in our solid-state battery, and we'll report soon on the progress and performance of this patented approach.

Sankar Das Gupta

We are -- the cycle life of the solid-state battery is the most important thing. And the batteries are focused for electric passenger cars, and -- which needs certain cycle life. And we will update our cycle life data and progress hopefully soon in a separate press release. But so far, we are bullish on the progress of the work going on at Electrovaya labs.

Taken from the conference call transcript.

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