Volkswagen Starts Search For Battery Cell Plant Sites In Canada via insideevs.com
The Volkswagen Group and its battery subsidiary PowerCo have announced their intention to start scouting locations for the automaker's first battery cell gigafactory outside Europe.
Volkswagen AG CEO Oliver Blume and the Canadian Minister for Innovation, Science and Industry, François-Philippe Champagne, signed an Addendum to theto identify suitable sites for a battery cell factory in Canada. "Battery technology is key for our strategy ‒ which is why we are forging ahead with the expansion of battery business at full speed. Canada is one logical option for the construction of a gigafactory in the region of North America. The country offers high sustainability standards and ideal economic conditions and the government of Canada has already proven to be a strong and reliable partner.
Thomas Schmall, Board Member for Technology of Volkswagen AG and Chairman of the Supervisory Board of PowerCo SEhas agreed with materials technology group Umicore to investigate a strategic supply agreement on cathode material for North America.existing cooperation in Europe for precursor and cathode material production announced in September
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