The $5-billion NextStar Energy electric-vehicle battery plant, a joint venture between Stellantis and LG Energy Solutions, continues to lure suppliers to Windsor, Ont.
The Ontario government said it will provide a $5-million loan to the supplier to help pay for the factory, the first such plant in North America for DS Actimo Canada. Terms of the loan were not disclosed.DS Active’s investment comes on the heels of a quarter in which electric vehicles and their production took a beating in the headlines. The year began with stories of charging failure and less range during a cold snap in February.
Ontario Minister of Economic Development Vic Fedeli, who was on hand to make the financing announcement, shared Song’s optimism.
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