Construction of the Stellantis+LG Energy Solution Canadian gigafactory resumes

7 July 2023, 04:34:43

NextStar Energy, the vehicle battery joint venture between Stellantis and LG Energy Solution, signed a binding agreement that secures the future of battery cell and module production in Windsor, Ontario and honors the commitments that were made by the Canadian government to level the playing field with the U.S. Inflation Reduction Act (IRA).

Effective immediately, all construction at the NextStar Energy battery plant in Windsor will resume with production operations planned to launch in 2024. The plant aims to have an annual production capacity in excess of 45 GWh and will create an estimated 2,500 new jobs in Windsor and the surrounding areas.

NextStar Energy is one of eight battery plants that LGES has secured in North America in response to its growing EV market. Stellantis recently celebrated 98 years in Canada. Its investment in the NextStar Energy battery joint venture combined with the investments previously announced for the Automotive Research and Development Centre Battery Lab, Windsor Assembly Plant and Brampton Assembly Plant demonstrates the company's commitment to a sustainable future in the very demanding context that the electrification transformation is creating, and Canada’s role in the global EV ecosystem.

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