Even if it happens one day will take years and not for 1st generation gigafactory, nobody serious will gamble changing cathode manufacturing process at this step, they will go with existing techno used by Panasonic in Japan since years and send hundreds Japanese workers to Nevada to support plant launch.

LG plant in Michigan is a copy/past of their Korean plant at screw level and chemicals are from Korea, same plant, same products either produce in Korea or US.

50$ savings assume by Electrovaya by stripping NMP is nice but you should compare apple and apple, Electrovaya make a great move for future with Litarion but they are far far far away to Panasonic in terms of production capabilities/scale factor.

Do not change fact that Litarion is very promising and it could lift SP if some good news are coming such as more Separion orders and especially commercial contracts for batteries, till Electrovaya will not show "pipeline" could materialized in commercial sales no surge in stock, cross fingers more news in the coming months.