Electrovaya has started battery system assembly operations at its Jamestown, New York facility.
The company plans to expand operations at the site to meet increasing demand and prepare for lithium-ion cell and module production starting in mid-2026.
In preparation for manufacturing plans, Electrovaya has ordered capital equipment totaling over $40 million, funded by a recent $51 million direct loan from the Export Import Bank of the United States.
The delivery of the capital equipment is set to begin in late 2025, and Electrovaya's Jamestown Operations General Manager expressed excitement about the venture's growth and the team's experience in battery system manufacturing.