Maya Electric, powered by Electrovaya, Launches First Fleet

[AlternativeEnergy.com]

The Maya 300 is a Zero-Emission, Low-Speed Electric Vehicle for Urban Fleets

Mississauga, Ontario – June 23, 2009. Electrovaya announced today that it is powering
the Maya 300. The Maya 300 is a battery powered, zero-emission, electric vehicle
classified as a low-speed or medium-speed vehicle. Its target market is the urban fleet
operator.

Maya Electric is launching its first fleet at the Maryland Science Center today. The Maya
300 is a five-door, four passenger vehicle. It has an all-electric range of up to 120 miles
on a single charge. Electrovaya’s proprietary Lithium Ion SuperPolymer® Battery Pack
features ExxonMobil separator film.

“Electrovaya is accelerating clean transportation solutions as a commercial reality with
its advanced power systems for all classes of zero-emission electric vehicles and plug-in
hybrid electric vehicles.” says Dr. Sankar DasGupta, CEO of Electrovaya. “The Maya
300’s advanced Lithium Ion SuperPolymer® battery uses a unique separator film, based
on innovative technology developed by ExxonMobil, that significantly enhances the
power, safety, strength and reliability of the lithium ion battery.” Dr. DasGupta continues
“We are excited about the opportunity to participate with the Maryland Science Centre on
the launch of this new all-electric vehicle.”

Dr. DasGupta concludes “The Maya Electric demonstration program provides new and
important experience about the usage of Lithium Ion battery technology and is an
important step in the early growth of this industry.”

About Electrovaya:

Electrovaya (TSX: EFL) is a world leader in the design, development and manufacture of
its proprietary Lithium Ion SuperPolymer® battery systems. Electrovaya's mission is to
accelerate clean transportation as a commercial reality with its advanced power systems
for all classes of zero-emission electric vehicles and plug-in hybrid electric vehicles.
Electrovaya also offers battery-related consumer products primarily focused on the
healthcare market. For more information about the Company and its products, please
visit our website at www.electrovaya.com.