‘One hundred and 12 hockey rinks!’ Inside the deal that could launch Canada into the auto revolution
Episode 144 of Down to Business podcast
For months, politicians across Canada have been trying to convince an automaker to open a battery cell manufacturing plant and last week, those efforts finally paid off.
The European automaker Stellantis struck a joint venture with South Korean battery company LG Energy Solution to build a $5 billion battery cell plant in Windsor, Ontario.
It is expected to be an enormous facility — the size of 112 hockey rinks, according to Mark Stewart, chief operating officer in North America for Stellantis.
This week, on Down to Business I delved into the auto sector’s pivot to electric vehicles, one of the largest industrial transformations in history.
Guests include François-Philippe Champagne, federal minister of innovation, science and industry; Victor Fedeli, Ontario minister of economic development, job creation and trade; Drew Dilkins, Mayor of the city of Windsor; Stewart of Stellantis; and Joanna Kyriazis, a senior policy advisor at Clean Energy Canada, a think tank affiliated with Simon Fraser University.