16:14:19 EDT Mon 24 Aug 2026
Enter Symbol
or Name
USA
CA



Electrovaya Inc (2)
Symbol ELVA
Shares Issued 49,507,480
Close 2026-08-21 C$ 9.12
Market Cap C$ 451,508,218
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Electrovaya starts factory testing for Jamestown line

2026-08-24 11:23 ET - News Release

Dr. Raj DasGupta reports

ELECTROVAYA COMMENCES FACTORY ACCEPTANCE TESTING OF CELL MANUFACTURING LINE FOR JAMESTOWN CELL MANUFACTURING FACILITY

Electrovaya Inc. has commenced its factory acceptance testing (FAT) for its automated lithium-ion cell assembly and formation equipment at the equipment manufacturing site.

A team of Electrovaya employees is now on site to work alongside the equipment manufacturer during the commissioning and validation phase.

The program will focus on commissioning and validating the cell assembly and formation equipment using production grade cell manufacturing materials, including the company's proprietary ceramic separators, to assess equipment functionality, process performance, repeatability and overall readiness for production.

"Running our own team through this validation alongside the equipment manufacturer is an important part of preparing for a smooth startup in Jamestown," said Dr. Raj DasGupta, chief executive officer of Electrovaya. "The people qualifying the equipment today are the same people who will support its operation in New York. That continuity, combined with testing using our actual production materials and processes, should help shorten the transition from equipment installation to production readiness."

The FAT program is expected to be completed by early October 2026, following which the equipment is expected to be shipped to Electrovaya's Jamestown, N.Y., manufacturing facility for installation and subsequent site acceptance and commissioning activities.

About Electrovaya Inc.

Electrovaya 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 without compromising energy and power. The company has extensive IP, and designs, develops and manufactures proprietary lithium-ion batteries, battery systems, and battery-related products for energy storage, clean electric transportation and other specialized applications. Electrovaya has two operating sites in Canada and a 52-acre site with a 135,000-square-foot manufacturing facility in Jamestown, N.Y., state for its planned gigafactory.

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