Volkswagen to build EV battery plant in southwest Ontario - News Summed Up

Volkswagen to build EV battery plant in southwest Ontario


Volkswagen to build EV battery plant in southwest OntarioTORONTO — Ontario's economic development minister stood on the roof of a Volkswagen facility in Germany in October, overlooking a sprawling electric vehicle battery plant under construction, and had a "good feeling" the province could soon land one of its own. "We had a pretty good feeling that day that we've got a genuine shot at this because we'd already been assembling our megasite in St. Thomas," he said in an interview. Since 2020, Canada and Ontario have attracted more than $17 billion in investments in the quickly growing field. Numbers such as the money being invested and jobs being created at the Volkswagen facility will be disclosed at a future announcement with the automaker's representatives, Fedeli said. "We are committed to be a reliable partner and good neighbor for the people in St. Thomas and Ontario."


Source: National Post March 14, 2023 01:37 UTC



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