Oct. 8 at 5:28 PM
$ULBI “The closure of its Mississauga operation in Q2 2025 eliminated fixed costs and redundant operations. A major lean project at the Electrochem site in Q2 2025 eliminated the need to hire 30 additional employees, supporting increased cell sales and vertical integration. These efforts, alongside material cost deflation and strategic pricing, are critical for stabilizing and improving gross margins.”
Doing all the right things
