http://www.economist.com/news/leaders/21666226-volkswagens-falsification-pollution-tests-opens-door-very-different-car

"See no diesel

Even if other makers of diesel vehicles have not resorted to the same level of deception as VW, the scandal could mean that these cars struggle to meet standards applied rigorously to both types of emission. Some fear that this may be the “death of diesel”. So be it. There is still scope to improve the venerable petrol engine; and to switch to cleaner cars that run on methane, hydrogen and electricity, or are hybrids. A multi-billion-dollar race is already under way between these various technologies, with makers often betting on several of them as the way to meet emissions targets. If VW’s behaviour hastens diesel’s death, it may lead at last, after so many false starts, to the beginning of the electric-car age."

In the past Degussa (Evonik) disvests cobalt based lithium cathode business to Umicore, now in the top 2 worlwide, providing Separion plant for free with ridiculous license fees will maybe prove an incredible move/return for small Electrovaya in the future.

Sales Pipeline: Several major battery companies are expressing great interest and have begun qualification processes. China is moving into electric vehicles with higher energy density chemistry and SEPARION gives the needed safety. We estimate that China alone can absorb over $ 15 million of SEPARIONin 2016. (http://www.electrovaya.com/pdf/PR/2015/PR20150602.pdf)

Perfect timing for Electrovaya to get their hand on Litarion/Separion, could have been more tricky in a not so distance future, bet there will be a bigger push from Germany in field related to emobility/lithium ion with VW nightmare in diesel.