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VW Group’s Canadian Cell Plant Will Have An Annual Output Of 90 GWh

Volkswagen Group has revealed more information about its proposed battery cell gigafactory in Canada, which will be its largest manufacturing plant in the world and Canada’s biggest manufacturing facility. The factory, operated by Volkswagen’s battery subsidiary, PowerCo SE, will be located in St. Thomas, Ontario and will have an annual production capacity of up to 90 GWh in the final expansion phase. The company will invest up to $5.3 billion (4.8 billion euros) in the plant until 2030, which could create up to 3,000 highly skilled jobs at the factory and tens of thousands more indirect jobs in the region. Canada has agreed to subsidies that may exceed $9.7 billion (13 billion Canadian dollars) over a decade, which matches what VW would have received through the Inflation Reduction Act if it had built the plant in the US.

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