Volkswagen has announced it plans to build an electric vehicle battery plant in southwestern Ontario. The European automaker announced Monday that the Volkswagen Group and its battery company PowerCo will establish its first overseas 'gigafactory' for battery cell manufacturing in St. Thomas, Ont., with the start of production planned for 2027.
The European automaker announced Monday that the Volkswagen Group and its battery company PowerCo will establish its first overseas "gigafactory" for battery cell manufacturing in St. Thomas, Ont., with the start of production planned for 2027.
"We are committed to be a reliable partner and good neighbor for the people in St. Thomas and Ontario." "With a highly skilled workforce, clean energy, an abundance of critical minerals, access to markets, and a flourishing automotive and battery sector, we are an attractive investment destination with everything companies need to grow," the ministers wrote.
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