Ontario Welcomes Historic Investment from Volkswagen
Ontario is welcoming an historic investment from Volkswagen to build its first overseas battery cell plant in St. Thomas, Ontario.
This game-changing investment is a testament to Ontario’s strong and growing battery ecosystem and competitive business environment.
With a highly skilled workforce, clean energy, an abundance of critical minerals, access to markets, and a flourishing automotive and battery sector, we are an attractive investment destination with everything companies need to grow.
Today’s news is a major vote of confidence in Ontario, and reconfirms the province’s position as a global leader on the electric vehicle supply chain.
We will continue to build on this success by growing our EV ecosystem and supporting clean technology to create well-paying jobs and spur economic growth and prosperity for future generations.
Read More: https://news.ontario.ca/en/release/1002817/canada-and-ontario-welcome-historic-investment-from-volkswagen