News
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PRESS RELEASE
Electrovaya Secures $20M Credit Facility from Bank of Montreal to Accelerate Growth and Reduce Costs
Electrovaya Inc. secures $20.0 million credit agreement with BMO Corporate Finance for expansion and reduced servicing costs, enabling financing from EXIM. Lower-cost facility supports US and Canada operations -
PRESS RELEASE
Electrovaya Closes $50.8 Million Direct Loan with Export-Import Bank of the United States (“EXIM”) to Expand U.S. Battery Manufacturing
Electrovaya secures $50.8 million loan from EXIM to enhance battery manufacturing facility in Jamestown, New York, boosting U.S. expansion and job creation -
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PRESS RELEASE
Electrovaya Wins Orders From Second Global Japanese Headquartered Construction Equipment OEM
Electrovaya Inc. receives orders from a Major Japanese Headquartered OEM through Sumitomo Corporation Power & Mobility for high-voltage battery systems. CEO Dr. Raj DasGupta comments on the positive development -
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PRESS RELEASE
Electrovaya Announces April 2025 Startup for Jamestown Battery System Assembly Operations
Electrovaya Inc. is commencing battery system assembly in Jamestown, NY, as part of its planned $70 million investment in American manufacturing, aiming to meet growing demand for lithium-ion products
