on Electrovaya, Inc. (NASDAQ:ELVA)
Electrovaya Strengthens Global Reach with New Subsidiary in Japan
Electrovaya Inc., a leader in lithium-ion battery technology, has announced the launch of a new subsidiary in Japan, named Electrovaya Japan. The subsidiary aims to enhance the company's commercial activities and support its expanding customer base in the region.
This strategic move allows Electrovaya to deepen partnerships with Japanese OEMs and business partners. Dr. Raj DasGupta, CEO of Electrovaya, emphasized Japan as a significant market with opportunities in robotics, heavy industrial equipment, and energy-storage applications.
The Japanese subsidiary will focus on customer support, technical integration, and business development for Electrovaya's Infinity Battery Technology, known for its cycle life, safety, and energy efficiency. This expansion reflects the company's ongoing efforts to strengthen its international presence.
R. H.
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