VW Group picks Canada for first North American battery plant

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The plant will be operated by VW Group battery company PowerCo.

Volkswagen Group is stepping up efforts to localize production in key markets by expanding its manufacturing footprint in North America.

The automaker on Monday announced plans to build its first battery plant on the continent, to be located in Canada. The announcement comes just weeks after VW Group announced plans for a plant in South Carolina to build rugged electric vehicles for the“With the decisions for cell production in Canada and a Scout site in South Carolina we’re fast-forwarding the execution of our North American strategy,” Oliver Blume, VW Group's CEO, said in a statement.

VW Group also mentioned access to raw materials and clean energy as reasons for selecting Canada for the battery plant.The Canadian plant, which will be operated by

Source: News Formal (newsformal.com)

 

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