RE:RaymondPutting it all together from Raymond's announcement it looks like Raymond is rebranding EFL's batteries under their brand "Energy Essentials". This should improve sales dramatically, also remember Raymond is a subsidiary of Toyota. Toyota makes it's own forklift batteries so why are they using EFL's? I don't think it is too much of a stretch to conclude Toyota will be using these batteries as well. If you look under Electrovaya's quality assurance manager's profile on linkedin (Shrey Bhovsar) it reads "Elevated the company's Quality culture by teaching & implementing the Toyota Production System (TPS) to management and production staff". It is possible they will use these batteries for AGV's and energy storage as well. Just MHO.