Canadian Finishing & Coatings Manufacturing Magazine May/June 2022 - 9

NEWS
Ontario to Gain Electric Vehicle Battery Plant
Plans for a new battery plant for electric vehicles in Windsor,
ON, show Canada's auto industry is keeping pace with the
emerging future. The project, announced on March 24, is
supported by the federal government, the government of Ontario
and the municipality of Windsor. Corporate partners are LG
Energy Solution Ltd. and Stellantis NV.
The project is estimated to cost more than $5-billion, and
is being described as the largest automotive manufacturing
investment in Ontario's history. The battery facility, with a
production capacity of 45 gigawatt hours (GWh) that will supply
Stellantis plants in the North American market, will employ an
estimated 2,500 people. Construction activities are scheduled
to begin later this year with production operations planned
to launch in the first quarter of 2024. The facility will be fully
operational by 2025.
" Attracting this multi billion-dollar investment will secure
Ontario's place as a North American hub for building the cars
and batteries of the future, " said Premier Doug Ford. " As we
secure game-changing investments, we're also connecting
resources, industries and workers in northern Ontario with the
manufacturing might of southern Ontario to build up homegrown
supply chains. Every region of Ontario will benefit with
thousands of jobs being created and a stronger economy that
works for everyone. "
Added Carlos Tavares, CEO of Stellantis, " 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 per cent of battery electric vehicle sales in
the US and Canada by the end of the decade. 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. "
Stellantis' investments in Ontario encompass the entire
EV ecosystem, including EV assembly, next-generation R&D,
and battery manufacturing. With 30 years of experience in
advanced battery technology, LG Energy Solution is a global
battery manufacturer delivering advanced lithium-ion batteries
for electric vehicles mobility and IT applications, and energy
storage systems.
Over the past 18 months, global battery manufacturers
and automakers such as LG Energy Solution, Stellantis, Ford,
General Motors and Honda have announced around $11-billion
in investments into Ontario for new hybrid/electric vehicles and
battery manufacturing.
www.stellantis.com/en
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canpaint.com
May/June 2022
9
http://www.stellantis.com/en http://www.canpaint.com
Canadian Finishing & Coatings Manufacturing Magazine May/June 2022

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