Electrovaya receives the make more in america deal of the year award at export-import bank of the united states' 2025 annual conference

Toronto, on / access newswire / april 30, 2025 / electrovaya inc. (nasdaq:elva)(tsx:elva), a leading lithium-ion battery technology and manufacturing company, announces that it has received the make more in america deal of the year award today at the export-import bank of the united states' (exim) 2025 annual conference in recognition of the company's demonstrated commitment to onshoring critical lithium ion battery manufacturing to the u.s. with manufacturing in jamestown, new york, electrovaya is a dynamic business, specializing in the development and manufacturing of lithium-ion batteries for a variety of applications. in november 2024, the board of directors of exim approved a nearly $51 million direct loan to support the interior construction of a manufacturing facility and procure equipment for lithium-ion battery cell and module production lines that will aid in the company's increased production capacity.
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