Stellantis, LG announce $5.1-billion EV battery plant in Windsor, Ont.

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Government support expected to be in the hundreds of millions as industry transitions to electric vehicles. Experts say it is the single largest investment in the country’s auto sector since at least the 1980s

The first large-scale electric vehicle battery plant in Canada will be built in Windsor, Ont., a C$5.1-billion joint venture between global auto giant Stellantis NV and South Korea’s LG Energy Solution, the federal and provincial governments announced on Wednesday.

The federal government says the new plant, expected to be open in 2025, will “position Canada as a global leader in the EV manufacturing supply chain,” providing batteries electric cars made in Stellantis’s auto plant in Windsor and other plants across North America. It says the plant will create 2,500 jobs.

“We will continue to work hard to attract other companies and encourage them to set up shop in Canada to help create jobs, generate economic benefits and contribute to a net-zero emission future,” Mr. Champagne said in a statement. Bloomberg News reported last week that Stellantis, created by a merger last year of Fiat Chrysler Automobiles and France’s Peugeot SA, and LG had chosen Ontario for the location of a new battery plant.

 

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