Stellantis and LG Energy Solution have announced a CA$5 billion (£3.01bn) investment in a joint venture to build a gigfactory in Canada with an annual capacity of 45GWh.
The car-making group claims the Windsor site (just across the border from Detroit) will be the first large-scale, domestic battery factory in Canada, with a view to producing cells for Stellantis’s North American market, where brands such as Chrysler and Jeep are crucial to the conglomerate’s success. Last year, Jeep’s share of the US market was just over 5%.
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