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NeoVolta Names Jing Nealis CFO as Georgia Battery Factory Nears Q3 Ramp

The choice underscores a shift toward vertical integration focused on domestic production.

Overview

  • NeoVolta said Jing Nealis will become chief financial officer on May 18, 2026, replacing Steve Bond.
  • Bond moves to executive vice president and president of NeoVolta Power LLC to run the Georgia manufacturing ramp to mass production.
  • The Georgia facility expects equipment to arrive and be installed in June, with an initial 2 gigawatt-hour annual capacity that can scale to 8 GWh and a production ramp targeted for the third quarter of 2026.
  • The company reported about $2 million in fiscal Q3 2026 revenue and $13.3 million for the first nine months, up 262% year over year, while cautioning about near-term softness tied to federal solar tax-credit dynamics.
  • NeoVolta raised its ownership of NeoVolta Power LLC to 80% and outlined plans to expand beyond homes into commercial, industrial, and utility-scale energy storage, including preparation for its NV Wave Modular platform.