Corvus Energy invests in Canadian battery productionChristian Fernsby ▼ | March 26, 2020
Corvus Energy announced that the company is moving forward with plans to invest in its Canadian operations by expanding its Richmond, B.C. facility and increasing manufacturing capacity.
Battery factory Corvus announced that they have signed a contract for investment
Topics: Corvus Energy Canadian battery
The total investment in research and development (R&D), plant and equipment is expected to be over $16 million USD. The R&D carried out in Richmond, B.C. is partly funded by Canada’s National Research Council Industrial Research Assistance Program (NRC IRAP).
Alongside the new production line and new test facilities, Corvus plans to expand its office space and make improvements that enhance productivity, collaboration and aesthetics. ■