volkswagen Confirms its Battery Mega-Factory Will Be in canada
Photo: Volkswagen Oliver Blume and Thomas Schmall of Volkswagen, and Canadian Minister of Innovation, Science and Industry François-Philippe Champagne • VW's first North American battery cell plant will be built in St. Thomas, Ontario.• Volkswagen's decision is part of its major growth strategy in electrification.
The plant is a joint venture between Volkswagen and PowerCo, a new independent company created by the automaker to oversee its battery initiatives. Its value is estimated at $20 billion. The news is major, as this is only Volkswagen's third mega-battery plant after Salzgitter, Germany, and Valencia, Spain.
We know that Volkswagen is already assembling an electric model in Chattanooga in the United States, the ID.4 SUV. Eventually, the plant should be able to produce the ID. Buzz as well. Volkswagen also plans to upgrade its facilities in Puebla and Silao, Mexico, to assemble all-electric vehicles and eventually make electric motors.
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