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TORONTO — Volkswagen has announced it plans to build an electric vehicle battery plant in southwestern Ontario.
"Canada and Ontario are perfect partners for scaling up our battery business and green economy jobs, as we share the same values of sustainability, responsibility and co-operation," Thomas Schmall, chairman of the supervisory board of PowerCo SE said in a statement. Federal Industry Minister Francois-Philippe Champagne and Ontario Economic Development Minister Vic Fedeli said in a joint statement that the announcement is a"major vote of confidence" in Canada and Ontario being global leaders in the EV supply chain.
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