Electrovaya Inc., a leading lithium-ion battery technology and manufacturing company, announces that it has commenced battery system assembly operations at its Jamestown, New York facility. These operations will continue to expand with growth in demand for Electrovaya’s battery systems and as the Company gets closer to starting its lithium ion cell and module production which is estimated to begin in mid 2026.
In preparation for the cell and module manufacturing plans, Electrovaya has thus far placed over $40 million worth of capital equipment orders. The capital for this investment will be drawn from a recently closed $51 million direct loan from the Export Import Bank of the United States (“EXIM”) under their Make More In America program. Delivery of the capital equipment will begin late in calendar year 2025 with the full lithium ion cell and module commercial production set to commence in mid 2026.
“We are excited to begin manufacturing operations for Electrovaya’s Infinity Battery systems here in Jamestown.” said Lee Gilmore, General Manager of Electrovaya’s Jamestown Operations. “Our team continues to grow and gain experience in lithium ion battery system manufacturing and support the investments being made at this facility.”
“Through these initial operations in Jamestown, Electrovaya will be well positioned to support continuing demand growth” said Raj DasGupta, CEO at Electrovaya. “Furthermore, by building a strong team now, we will be able to hit the ground running when it comes time to commence our lithium ion cell manufacturing operations next year and support our strategic plan to become a leading domestic lithium ion battery manufacturer in the United States.”
