A123 Systems share price has taken a beating recently because of defective battery packs, battery cell recalls (karma), class action lawsuit etc. Is this good news for Electrovaya?
I already heard that the new Fisker model Nina (Atlantic) will be using Electrovaya's batteries (not A123) and this will be announced on April 15.
Your thoughts?
http://nlpc.org/stories/2012/04/04/taxpayers%E2%80%99-green-%E2%80%98investment%E2%80%99-battery-company-withers