The C$5 billion (US$3.9 billion) battery plant destined for Windsor, Ontario, is the largest single automotive investment in Canadian history and is expected to spark the country’s electric-vehicle revolution with a new supply chain and thousands of jobs.
“I describe this as being as big as the transformation from the horseless carriage to the internal-combustion engine,” said Drew Dilkens, mayor of the city that will host Canada’s first large-scale battery factory.
“And, perhaps even larger when we consider the environmental factors.”
The plant is the result of a joint venture between Stellantis (49 per cent) and South Korea-based LG Energy Solution (51 per cent). It’s expected to employ about 3,200 people. At 4.5 million square feet it will be one of largest battery plants in North America.
The project and its details were announced at a March 23 press conference by senior company officials and government. Windsor assembled the land package for the site in the city’s east end and offered tax breaks, while the federal and provincial governments were expected to each kick in C$500 million (US$396 million) after a tweet from a Liberal MP cited Ottawa’s contribution.