The battery gigafactory in St. Thomas, Ontario will be Volkswagen Group's largest of its kind and Canada's largest manufacturing plant.
The German automaker plans to invest up to $5.3 billion until 2030 in the Canadian facility that has the potential to create up to 3,000 highly skilled jobs at the factory and tens of thousands more indirect jobs in the region. The company will receive a lot more money from the Canadian federal government, though., Canada agreed to subsidies that may top $9.7 billion over a decade, matching what VW would have got via the Inflation Reduction Act if it had located the plant in the US.
made the battery plant announcement on April 21 in the presence of several high-ranking Canadian federal government and Ontario province officials, including Prime Minister Justin Trudeau.Groundbreaking at the St. Thomas site is planned for 2024 and production is projected to begin in 2027. The factory is being built over an area of around 370 acres , the equivalent of more than 210 soccer or football fields. The entire industrial and supplier park amounts to 1,500 acres .
The site is located strategically about 18 miles south of London, Ontario, at the heart of the Great Lakes Automotive Corridor and near major cities such as Toronto and Detroit.gets prime access to the regional research and innovation cluster, talented workforce, good transport infrastructure and established supply chains. The cell factory will be supplied with 100 percent CO2-free energy.
Volkswagen Group's first overseas gigafactory for cell manufacturing will supply its brands' BEVs in the North American region with unified cells, a whole new cell technology designed for volume production. "North America plays a key role in our global battery strategy. The region will become PowerCo SE's second pillar beside Europe, with battery cells made in North America for North America. Gigafactory St. Thomas opens the door to a key market for e-mobility and battery cell production.
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