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Electrovaya’s Strong Year

January 2, 2012 in Electric Drive, EVs, Hybrids by Rich Piellisch  |  No Comments

Electrovaya (Toronto:EFL) more than doubled its revenues in the fiscal year ended September 30 – to $10.3 million over the previous fiscal year – as the lithium ion battery firm’s accounts receivable increased to $2.7 million, more than double the September 30, 2010 figure.

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