Graphjet Technology Announces Expansion with New Manufacturing Plant in Nevada to Boost U.S. Electric Vehicle Market

Reuters
07/28
<a href="https://laohu8.com/S/GTI">Graphjet Technology</a> Announces Expansion with New Manufacturing Plant in Nevada to Boost U.S. Electric Vehicle Market

Graphjet Technology has announced plans to expand its operations by building a new manufacturing plant in Nevada. This move is set to create new job opportunities in the American market and support the electric vehicle industry, which faces challenges due to a global shortage of graphite. Graphjet's innovative approach utilizes graphite produced entirely from agricultural waste, offering a renewable and sustainable solution not reliant on Chinese imports. This expansion comes as the company works towards meeting Nasdaq's compliance requirements to maintain its stock market listing. CEO Chris Lai expressed confidence in Graphjet's ability to meet these challenges and contribute to the growing industry.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Graphjet Technology published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9501230-en) on July 28, 2025, and is solely responsible for the information contained therein.

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