Stellantis and LG Energy Solution to Invest Over $5 Billion CAD for Battery Production Plant in Canada

Stellantis N.V. and LG Energy Solution (LGES) have executed binding, definitive agreements to establish the first large-scale, domestic, electric-vehicle battery manufacturing facility in Canada. The joint venture company will produce leading edge lithium-ion battery cells and modules to meet a significant portion of Stellantis’ vehicle production requirements in North America. The joint venture company will invest more than […]