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Volkswagen‘s subsidiary PowerCo will build its first overseas “gigafactory” for battery cell manufacturing in St. Thomas, Ontario. Production is planned to start in 2027.
The decision to expand the PowerCo cell production into Canada is further proof of the ambitious growth strategy of the Volkswagen Group in North America.
VW last week announced they were had selected South Carolina for the new Scout Motors assembly plant.
Volkswagen plans to develop 25 new battery-powered electric vehicles by the end of the decade. It also intends to increase production at its Chattanooga, Tenn., plant and upgrade its facilities in Puebla and Silao, Mexico, to produce electric vehicles and components at those sites.
“Today’s announcement by Volkswagen is a true testament to our highly skilled workforce and Canada’s strong and growing battery ecosystem,” Francois Phillippe Champagne, Canada’s minister of innovation, said in a statement.
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