Former Chrysler Chief Joins Electrovaya Board

Tom LaSorda, former Chrysler CEO, has been named to the board of Canadian battery maker Electrovaya Inc., the company said Monday.

DETROIT (AP) -- Former Chrysler Corp. CEO Tom LaSorda has been named to the board of Canadian battery maker Electrovaya Inc., the company said Monday.

LaSorda also will be a special adviser to the Mississauga, Ontario, company's CEO, Sankar DasGupta.

The board appointment is effective immediately. LaSorda's advising role will include business strategy and development and global alliances.

LaSorda has more than 30 years of auto industry experience with General Motors Corp. and Chrysler Corp. Until Chrysler emerged from bankruptcy protection last year, he was vice chairman, president and a board member. He also served as CEO of Chrysler when it was owned by Daimler AG.

Electrovaya makes lithium ion batteries and other products for transportation, consumer and health care markets. The company was founded in 1996.

Canadian shares of Electrovaya rose 16 cents, or 16.8 percent, to $1.11 in afternoon trading.

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