Electrovaya Presenting at the 2025 EXIM Bank Annual Conference
Electrovaya (NASDAQ/TSX: ELVA) announced its CEO Dr. Raj DasGupta will participate in a panel discussion on Strengthening Domestic Manufacturing at the Export-Import Bank of the United States (EXIM) 2025 Annual Conference in Washington DC on April 29-30.
The company recently secured a US$50.8 million direct loan from EXIM under the 'Make More in America' initiative to fund its battery manufacturing expansion in Jamestown, New York. The facility will produce Electrovaya's proprietary Infinity lithium-ion ceramic cells, known for their longevity and safety, responding to rapidly increasing demand from heavy duty and mission critical electrified applications.
Electrovaya (NASDAQ/TSX: ELVA) ha annunciato che il suo CEO, il Dr. Raj DasGupta, parteciperà a una tavola rotonda sul rafforzamento della produzione nazionale durante la Conferenza Annuale 2025 dell'Export-Import Bank degli Stati Uniti (EXIM) a Washington DC, il 29 e 30 aprile.
L'azienda ha recentemente ottenuto un prestito diretto di 50,8 milioni di dollari da EXIM nell'ambito dell'iniziativa 'Make More in America' per finanziare l'espansione della produzione di batterie a Jamestown, New York. Lo stabilimento produrrà le celle ceramiche agli ioni di litio Infinity di proprietà di Electrovaya, rinomate per la loro durata e sicurezza, rispondendo alla domanda in rapida crescita proveniente da applicazioni elettrificate pesanti e mission-critical.
Electrovaya (NASDAQ/TSX: ELVA) anunció que su CEO, el Dr. Raj DasGupta, participará en un panel sobre el fortalecimiento de la manufactura doméstica en la Conferencia Anual 2025 del Export-Import Bank de los Estados Unidos (EXIM) en Washington DC, los días 29 y 30 de abril.
La compañía obtuvo recientemente un préstamo directo de 50.8 millones de dólares de EXIM bajo la iniciativa 'Make More in America' para financiar la expansión de su producción de baterías en Jamestown, Nueva York. La planta fabricará las celdas cerámicas de iones de litio Infinity, propiedad de Electrovaya, reconocidas por su durabilidad y seguridad, respondiendo a la creciente demanda de aplicaciones electrificadas de alta exigencia y misión crítica.
Electrovaya (NASDAQ/TSX: ELVA)는 CEO Dr. Raj DasGupta가 4월 29일부터 30일까지 워싱턴 DC에서 열리는 미국 수출입은행(EXIM) 2025 연례 회의에서 국내 제조 강화에 관한 패널 토론에 참여할 것이라고 발표했습니다.
회사는 최근 'Make More in America' 이니셔티브의 일환으로 EXIM으로부터 5,080만 달러 직접 대출을 확보하여 뉴욕 주 제임스타운에 있는 배터리 제조 확장 자금을 조달했습니다. 이 시설에서는 Electrovaya가 독점 보유한 Infinity 리튬이온 세라믹 셀을 생산할 예정이며, 이 셀은 긴 수명과 안전성으로 알려져 있으며, 중장비 및 미션 크리티컬 전기화 애플리케이션의 급증하는 수요에 대응합니다.
Electrovaya (NASDAQ/TSX : ELVA) a annoncé que son PDG, le Dr Raj DasGupta, participera à une table ronde sur le renforcement de la fabrication nationale lors de la Conférence annuelle 2025 de l'Export-Import Bank des États-Unis (EXIM) à Washington DC, les 29 et 30 avril.
L'entreprise a récemment obtenu un prêt direct de 50,8 millions de dollars d'EXIM dans le cadre de l'initiative « Make More in America » pour financer l'expansion de sa production de batteries à Jamestown, New York. L'installation produira les cellules céramiques lithium-ion Infinity propriétaires d'Electrovaya, reconnues pour leur longévité et leur sécurité, répondant à la demande croissante des applications électrifiées lourdes et critiques.
Electrovaya (NASDAQ/TSX: ELVA) gab bekannt, dass sein CEO Dr. Raj DasGupta an einer Podiumsdiskussion zum Thema Stärkung der heimischen Produktion auf der Export-Import Bank of the United States (EXIM) 2025 Jahreskonferenz in Washington DC am 29. und 30. April teilnehmen wird.
Das Unternehmen sicherte sich kürzlich ein direktes Darlehen in Höhe von 50,8 Millionen US-Dollar von EXIM im Rahmen der Initiative 'Make More in America', um die Erweiterung der Batteriefertigung in Jamestown, New York, zu finanzieren. Die Anlage wird Electrovayas firmeneigene Infinity-Lithium-Ionen-Keramikzellen produzieren, die für ihre Langlebigkeit und Sicherheit bekannt sind und auf die schnell wachsende Nachfrage nach elektrifizierten Anwendungen im Schwerlast- und sicherheitskritischen Bereich reagieren.
- Secured substantial US$50.8M EXIM loan for manufacturing expansion
- Experiencing rapidly increasing product demand from multiple applications
- Expanding domestic manufacturing capabilities in Jamestown, NY
- None.
Electrovaya's CEO to Discuss Strengthening Domestic Manufacturing at the Annual Conference of Export-Import Bank of the United States(EXIM) in Washington DC
TORONTO, ONTARIO / ACCESS Newswire / April 16, 2025 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, announced that its CEO, Dr. Raj DasGupta will be participating in a panel discussion focused on Strengthening Domestic Manufacturing at the Export-Import Bank of the United States (EXIM) 2025 Annual Conference. The conference will be held on Tuesday April 29 and Wednesday April 30 at the Omni Shoreham Hotel in Washington, DC.
Electrovaya recently closed a direct loan in the amount of US
EXIM's 2025 Annual Conference brings together nearly 1000 attendees, including CEOs, investors, bankers, exporters, business executives, and government officials at the local, state, and federal levels.
Investor and Media Contact:
Jason Roy
VP, Corporate Development and Investor Relations
Electrovaya Inc.
905-855-4618 / jroy@electrovaya.com
About Electrovaya Inc.
Electrovaya Inc. (NASDAQ:ELVA) (TSX:ELVA) is a pioneering leader in the global energy transformation, focused on contributing to the prevention of climate change by supplying safe and long-lasting lithium-ion batteries. The Company has extensive IP and designs, develops and manufactures proprietary lithium-ion batteries and battery systems for energy storage and heavy duty electric vehicles based on its Infinity Battery Technology Platform. This technology offers enhanced safety and industry leading battery longevity. The Company is also developing next generation solid state battery technology at its Labs division. Headquartered in Ontario, Canada, Electrovaya has two operating sites in Canada and has acquired a 52-acre site with a 135,000 square foot manufacturing facility in New York state for its planned gigafactory. To learn more about Electrovaya, please explore www.electrovaya.com.
SOURCE: Electrovaya, Inc.
View the original press release on ACCESS Newswire
FAQ
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