Well it looks like Electrovaya is trying to hire a whole new team. A new team for a new product development project. That will be at least 6 months to a year to get production going so it clould very well be energy storage for a business like a giant UPS. That would work well for a distribution center even better if it was coupled to a close by solar panel installation. Talk about reduced operating costs and the added benefit of a facilty wide UPS!
This is going to be a $5 stock soon. Moving on Up to the Big Time!