Electrovaya Announces April 2025 Startup for Jamestown Battery System Assembly Operations
The Initial Assembly of Battery Systems is Part of a Larger Planned Investment in Jamestown, New York.
JAMESTOWN, NY / ACCESS Newswire / March 3, 2025 / Electrovaya Inc. (“Electrovaya” or the “Company”) (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, is pleased to announce that it is completing preparations to be in a position to startup the first phase of battery system manufacturing operations in April 2025, earlier than initially planned. Initial investments into assembly and testing equipment have been made and the team in place in Jamestown is growing with new hires.
Battery System Assembly in Jamestown is the first part of Electrovaya’s overall plan to invest in American manufacturing, which includes both lithium ion cells and battery systems, with overall investments estimated to exceed $70million over this first phase in Electrovaya’s 52 acre campus with an existing 137,000 square feet industrial building. Electrovaya has increasing demand for its products from a wide range of heavy duty and mission critical electrified applications, and it has been a priority of the Company to expand its manufacturing operations in the United States for these vital products.
Dr. Raj DasGupta, CEO of Electrovaya, said :
We are excited to start these assembly operations in Jamestown, a first step for what will be our largest manufacturing site with the majority of our staffing and capital investments.
“Electrovaya is in an extremely strong position as we embark on these investments where we will be one of very few independent lithium ion battery manufacturers in the US. We also continue making progress with regards to our detailed planning for the larger capital investments associated with our scheduled lithium ion cell manufacturing activities.”
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Electrovaya Announces April 2025 Startup for Jamestown Battery System Assembly Operations, source