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By A.J. Roan
Metal Tech News 

Ontario new home to VW gigafactory

North American strategy starts with Canada for next-gen EVs Metal Tech News - March 15, 2023

 

Last updated 6/8/2023 at 11:11am

3D rendering of Volkswagen’s future Salzgitter gigafactory.

Volkswagen Group

A 3D rendering of VW's future Salzgitter, Germany, gigafactory. Laden with renewable energy technologies, Volkswagen aims to construct its future factories within ESG standards, and Ontario is prime real estate for such a facility.

Setting up in one of North America's fastest-growing lithium-ion battery development zones, Volkswagen Group has foreseen the potential and has opted to build its next gigafactory outside of Europe in the city of St. Thomas, Ontario.

The St. Thomas factory is a joint venture between VW and PowerCo SE, a new independent company created by the automaker to oversee its massive $20 billion battery...



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