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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When you think about electric vehicles (EV), the first thing that comes to mind is the brand name vehicle out on the road. But batteries are being used for more than just everyday EVs — and Electrovaya is working to make them safer and longer lasting.
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