a $5Billion investment right on our doorstep

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Developing Processes For The Low-Cost Manufacturing Of High Purity Silicon Metals For Next-Generation Lithium-ion Batteries

Achieved final critical milestones, completing a successful silicon pour

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anti-gremlin

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a $5Billion investment right on our doorstep

posted on Mar 26, 2022 05:16PM

https://ca.finance.yahoo.com/news/stellantis-lg-energy-build-ev-battery-plant-in-windsor-154554962.html

Automaker Stellantis and South Korean battery giant LG Energy Solution are forming a joint venture to open a new electric vehicle battery production plant in Windsor, Ont.

The joint venture will invest $5 billion to establish a new lithium-ion battery manufacturing plant in Windsor that will supply "a significant portion" of Stellantis' North American vehicle production with batteries.

Construction of the plant is scheduled to begin later this year, and production is expected to start in the first quarter of 2024.

Brgds,

A-G

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