Nine months after announcing plans to open its first $75 million U.S. manufacturing plant, a Canadian-based maker of lithium-ion batteries is seeking more than $3 million in tax breaks for its transformation of a vacant former manufacturing plant outside Jamestown.
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North America became the fastest-growing regional market for planned new battery cell manufacturing factories by the end of 2022, according to a new report released today.
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Electrovaya CEO Raj DasGupta joins Natalie Stoberman from the Proactive studio to discuss how the company has grown as a battery supplier for globally recognized corporations.
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Batteries completed more than 9,000 charge/discharge cycles in testing at a DNV lab, with ~87% capacity retention.
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Raj DasGupta, Electrovaya chief executive officer, says these are exciting times for Electrovaya — and the Jamestown area is in the middle of the excitement.
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Mississauga-based Electrovaya Inc. has weathered some very tough times. But with 26 years of experience in the electric battery space and a proprietary technology that dramatically extends battery life, its CEO believes the firm will become a dominant force.
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