Volkswagen and its battery company PowerCo will establish its first overseas gigafactory for battery cell manufacturing in Ontario. Read on.
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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.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc.
“Canada and Ontario are perfect partners for scaling up our battery business and green economy jobs, as we share the same values of sustainability, responsibility and co-operation,” Thomas Schmall, chairman of the supervisory board of PowerCo SE said in a statement. “We are committed to be a reliable partner and good neighbor for the people in St. Thomas and Ontario.”
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