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Message: Re: Michigan Plant and LG Chem
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Nov 25, 2014 08:43AM
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Nov 25, 2014 10:11AM

That's funny because I am starting to think you may have something with LG Chem. I don't like to bring rumor into the discussion because I usually only like to post things I can back up or have a reasonable reason to believe is true. I have heard rumors of them being in talks with a major battery manufacturer and when I investigated I felt the obvious choice was nissan. I really believe any battery manufacturer that licences electrovaya's technology jumps ahead of everybody in terms of cost and speed of manufacture. Imagine LG Chem using efl's technology and applies their technology to the mix, I feel they would be in a class by themselves and nobody could touch them. They should be announcing closing of the plant purchase deal soon and hopefully will release more details on the purchase. Can't wait for the conference call next month.


Nov 25, 2014 10:43AM
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