Electrovaya’s battery production in New York could start this April
Electrovaya Inc., a lithium-ion battery technology and manufacturing company based in Toronto, is completing preparations to start manufacturing batteries in Jamestown, New York. Phase one of battery system manufacturing could start up in April 2025, earlier than initially planned.
Initial investments into assembly and testing equipment have been made and the team in place in Jamestown — a 52-acre site with a 137,000 square foot manufacturing facility — is growing with new hires.
“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.”said Dr. Raj DasGupta, CEO of Electrovaya.
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 $70 million over this first phase.
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.
“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,” DasGupta stated.
