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Electrovaya Announces Litarion Settlement

Electrovaya Announces Litarion Settlement

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TORONTO, ON / ACCESSWIRE / June 16, 2021 / Electrovaya Inc. (“Electrovaya” or the “Company”) (TSX:EFL)(OTCQB:EFLVF), a lithium ion battery manufacturer with industry-leading performance and substantial intellectual property, announced that the Company and its officers have reached an agreement with the Administrator of Litarion GmbH (“Litarion”) to mutually settle all potential claims as part of the termination of Litarion’s insolvency proceedings. The proceedings began in early 2018.

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