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Electrovaya receives $51-million EXIM loan to expand battery manufacturing in the US


Lithium-ion battery systems manufacturer Electrovaya has closed a loan of $50.8 million with the Export-Import Bank of the United States announced last November to expand its battery-manufacturing capabilities. The company plans to expand its facility in Jamestown, New York, using the funds. Jamestown’s history as a thriving industrial area in the 20th century is well… Read more…

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