Categories: Automobile

Stellantis, LG Power decide Canada for EV battery plant

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Stellantis and LG Power Resolution will construct their new EV battery plant in Ontario, Canada, in keeping with an individual acquainted with the matter informed Bloomberg.

Automotive Information Canada has since discovered from folks with information of the announcement that the 2 firms have selected Windsor-Essex County as dwelling of the plant.

Stellantis assembles the Chrysler Pacifica, Chrysler Pacifica Hybrid, Chrysler Grand Caravan and Chrysler Voyager at its Windsor Meeting Plant in Windsor, Ontario.

An official announcement will doubtless occur on March 23, a number of folks have mentioned.

Stephen MacKenzie, CEO of Make investments WindsorEssex, confirmed in late February 2021 that the area was in sizzling pursuit of an unnamed battery maker. He later informed Automotive Information Canada in Might 2021 the corporate had requested for a media blackout. Mackenzie on Friday once more declined to remark.

Officers at Stellantis Canada and Unifor Native 444, which represents staff at Windsor Meeting Plant, weren’t instantly obtainable for remark.

The Canadian authorities’s incentives for clean-energy companies helped lure the businesses, the particular person mentioned, asking to not be recognized as a result of the choice isn’t public.

Stellantis and LG Power said in October they have been planning a battery-cell making manufacturing unit in North America, as Stellantis, whose manufacturers embody Jeep and Ram, expands its electrical car lineup with a objective of elevating U.S. EV gross sales to 40 p.c of deliveries by the top of the last decade. The pair mentioned building of the plant is because of start subsequent quarter, with manufacturing slated to kick off in early 2024.

A spokesperson for LG Power mentioned there wasn’t any data to share as but. Representatives for Stellantis and the Canadian embassy in Seoul didn’t instantly reply to requests for remark.

When requested for remark, Vic Fedeli, Ontario’s Minister of Financial Growth, Job Creation and Commerce, mentioned he “is assured the province will land at the least one EV battery manufacturing plant earlier than the election in June.”

Ontario’s subsequent provincial election is anticipated to be held on or earlier than June 2, 2022.

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