Stellantis and LG say their EV battery plant in Windsor is back on track after they reached a financing deal with Ottawa. Read more.
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Feds, Stellantis reach deal over battery plant in Windsor, construction to restartStellantis and LG Energy Solution say their electric vehicle battery plant in Windsor is back on track after reaching a “binding” financing deal with the governments of Canada and Ontario.
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Deal struck to keep Stellantis-LG electric vehicle battery plant in Windsor, Ont. | CBC NewsBREAKING: Stellantis and LG Energy Solutions have reached a deal to continue the construction of the NextStar Battery plant in Windsor, the company confirmed Wednesday.
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Ottawa reaches deal with Stellantis after months of tense negotiations over EV battery plantAutomotive giant Stellantis has accepted an offer from the Canadian government to salvage an electric vehicle battery plant in Windsor after months of high-stakes talks drove Ottawa and the Ontario government to ante up to $16 billion in richer subsidies, the Star has learned.
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Stellantis to resume battery plant construction in Canada after reaching deal with governmentsConstruction at the NextStar Energy battery plant in Windsor will resume with production set to launch in 2024, with the creation of some 2,500 new jobs
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Stellantis targets 2 million units per year from STLA Medium EV platformThe group's platform for compact and medium EVs will have a range of up to 700 km, and will use a 400-volt system rather than 800 volts.
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Stellantis' new EV platform aims for 700-km battery rangeThe just\u002Drevealed \u0022flexible\u0022 STLA Medium platform will underpin compact and midsize vehicles, and offer up to 382 horsepower
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