BERLIN, GERMANY--(Marketwired - Jul 2, 2015) - Electrovaya's (TSX:EFL) wholly owned subsidiary, Litarion GmbH, announces its second program with Leclanche. Litarion will supply the high-performance value-added anodes and cathodes to Leclanche for the design and build of a 4.2 MWh lithium ion battery for the world's largest all electric ferry, to operate in Denmark. The ferry will carry up to 130 passengers and 36 cars to the Daenish ?örø island.

"We are delighted to supply Leclanche with the high performance anodes and cathodes from our operation in Germany. The Electrovaya Litarion technology is well recognized to have the highest quality and we look forward to this continuing relationship with Leclanche, providing quality power and performance as well as superior reliability and durability to the battery system", said Dr. Sankar Das Gupta, CEO Electrovaya.

"Litarion's world class electrodes and production facilities combined with Leclanché's state of the art cell manufacturing, results in lithium ion cells with outstanding performance, for powering the highly innovative and energy efficient ferry. This 4.2 MWh battery will replace the ferry's Diesel powered engine allowing for energy savings of up to 50%", said Dr. Pierre Blanc, Leclanche's Chief Technical Officer.

About Electrovaya Inc.

Electrovaya Inc. (TSX:EFL) designs, develops and manufactures proprietary Lithium Ion Super Polymer2.0® batteries, battery systems, and battery-related products for energy storage, clean electric transportation and other specialized applications. Electrovaya, through its fully owned subsidiary, Litarion GmbH, also produces electrodes and SEPARION™ ceramic separators and has manufacturing capacity of about 500MWh/annum. Electrovaya is a technology focused company, with around 500 patents protecting its technology through the combined Canadian and German groups. Headquartered in Ontario, Canada, Electrovaya has production facilities in Canada and Germany and customers around the globe. To learn more about how Electrovaya is powering mobility and energy storage, please explore www.electrovaya.com, www.litarion.com.

Forward-Looking Statements

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