Electrovaya to see boost from new south county factory
ELLICOTT – There’s good reason Electrovaya officials are happy work to open its Jamestown area factory is progressing. The company’s fourth quarter and year-end financial statements show a company that is improving its operating margins and cash flow — and the increased production from the Gigafactory in Ellicott is being counted on to boost sales and profits even higher. “We anticipate starting commercial cell manufacturing operations in the Jamestown facility in the first half of calendar 2026 and battery system manufacturing in 2025,” said Dr. Raj DasGupta, ...