Electrovaya Inc. announced on January 14, 2025, that it has begun making capital investments and hiring initial personnel for its planned Jamestown battery manufacturing facility. This marks a significant step in establishing its U.S. production capabilities.
Initial procurements include battery system manufacturing and testing equipment. The company has also awarded engineering work to prepare for further investments related to planned cell manufacturing.
The goal is to commence battery assembly operations by the second calendar quarter of 2025. This operational milestone is crucial for Electrovaya's strategy to enhance margins, reduce lead times, and capitalize on domestic manufacturing incentives.
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