Stellantis and joint venture partner LG Energy Solution Ltd., with backing from three levels of government, committed Wednesday to spending $4.1 billion to build Canada’s first large-scale EV battery plant in Windsor, Ont.
The sprawling facility, expected to begin operations in 2024, will have capacity to produce 45 gigawatt hours (GWh) of lithium-ion battery cells and modules to supply the Chrysler, Dodge, Jeep and Ram parent firm’s auto assembly operations in Ontario and elsewhere in North America.
Stellantis CEO Carlos Tavares said the investment, which is the largest in the history of Ontario’s auto sector, will help position Canada as a leader in North American EV battery production. It will also orient the company toward its EV targets, he added.
“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 percent of battery electric vehicle sales in…