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Stellantis, LG Energy invest in large-scale lithium-ion battery plant in Canada
- March 24, 2022
- News Release
- Electric Vehicles
Stellantis N.V. and LG Energy Solution (LGES) have executed definitive agreements to establish the first large-scale, domestic, electric vehicle battery manufacturing facility in Canada. The joint venture company will produce lithium-ion battery cells and modules to meet a significant portion of Stellantis’ vehicle production requirements in North America.
The joint venture company will invest more than $4.1 billion to establish operations, which will include an all-new battery manufacturing plant located in Windsor, Ont. Construction is scheduled to begin later this year, with production operations to launch in Q1 2024.
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The Fabricator is North America's leading magazine for the metal forming and fabricating industry. The magazine delivers the news, technical articles, and case histories that enable fabricators to do their jobs more efficiently. The Fabricator has served the industry since 1970.
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- Podcasting
- Podcast:
- The Fabricator Podcast
- Published:
- 04/30/2024
- Running Time:
- 53:00
Seth Feldman of Iowa-based Wertzbaugher Services joins The Fabricator Podcast to offer his take as a Gen Zer...
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