Norway: Electrovaya takes over Miljøbil Grenland

The Canadian battery maker Electrovaya announced on 5 September that it had acquired 71.6% of the shares of the Tata Motors European Technical Centre (TMETC) subsidiary Miljøbil Grenland AS (MBG), in which it had already invested. The acquisition brought Electrovaya's stake to 78.1% of MBG, which is based in Porsgrunn, Subscribe to Automotive World to … Continued

The Canadian battery maker Electrovaya announced on 5 September that it had acquired 71.6% of the shares of the Tata Motors European Technical Centre (TMETC) subsidiary Miljøbil Grenland AS (MBG), in which it had already invested. The acquisition brought Electrovaya's stake to 78.1% of MBG, which is based in Porsgrunn,

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