Stellantis and LG Energy Solution plan to build a new battery factory in Windsor, Ontario to power upcoming electric cars.
Electrivethe annual production capacity of the new $4 billion factory will be 45 gigawatt-hours . LG Energy already has a battery factory in Michigan, is building two more in conjunction with General Motors, and has another under consideration in Arizona. The total capacity of all its North American factories will exceed 200 GWh a year — enough to power approximately 2.5 million electric vehicles.
“Our joint venture with LG Energy Solution is yet another stepping stone to achieving our aggressive electrification roadmap in the region aimed at hitting 50% of battery electric vehicle sales in the US and Canada by the end of the decade,” said Stellantis CEO Carlos Tavares. “We are grateful to the Municipal, Provincial and Federal levels of government for their support and commitment to help position Canada as a North American leader in the production of electric vehicle batteries.
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