In May of 2019 Electrovaya told us they had received a Purchase Order to build a proto type bus battery.
http://electrovaya.com/wp-content/uploads/2019/05/PR05282019.pdf
Then in their July 30 Presentation on page 15 they tell us they have finished the prototype. So how ong is the testing period before the customer decided to either accept or reject the prototype?
http://electrovaya.com/wp-content/uploads/2020/07/EVPresentation.pdf
Indications are that it may be comming in the next 6 months. The bigest indicator is Electrovaya is moving production of their froklift battery to the US. Raymond which has become almost 50% of their business may be getting ready to assemble the batteries in house.
They must be clearing the production floor for a new product. A product that will take up a lot of floor space.
Or it is to keep from paying shipping charges on assembled batteries and US import fees. Or both!