RE:RE:Three Year Strategic Supply Agreement T.ELVAI don't think most people realize just how big Toyota is. https://toyotamaterialhandling-international.com/about-us/local-representation
Both Toyota and Raymond are Global companies. This could lead to a huge sales increase. Now if you think about it. Just Asia could swamp Electrovaya. Battery cells for Electrovaya are currently made in Asia. All that would be needed to make batteries in Asia would be module assembly and battery pack assembly lines with test stands. Jamestown cell production under construction soon will supply the demands of the US and Canada, Watch for the Asia announcement when Jamestown is about redy to start up the cell production line. This will be a huge increase in revenue. Electrovaya will become one of the big boys. If you now have shares, hold on to them and watch the price go up. This agreement includes Bastain Solutions and possibly Vanderlande Industries, inc. Vanderlande is a logistic process automation in warehousing, airports and parcel sectors company. Remember Electrovaya just said they were developing new products for Airport ground support. Hold on to your hat as things may start to move a little faster this next year!