The plan is to remodel the current lines on our technology gradually, so that the production of Litarion is completely converted by the end of 2016," says Sankar the Gupta, CEO of Electrovaya.

http://www.photovoltaik.eu/Kanadisch-deutsche-Zusammenarbeit-bei-Batterieherstellung,QUlEPTY2MDkzMSZNSUQ9MzAwMjE.html

Some the info seems a bit off. Also lost in translation. They seem confident their price will be competitive