(Reuters) – Canada’s federal government and the province of Ontario on Wednesday inked a new deal with Stellantis-LG Energy Solution (LGES), increasing state subsidies for the construction of an electric-vehicle (EV) battery plant in the city of Windsor, Stellantis said.
Construction at the NextStar Energy battery plant in Windsor will resume with production set to launch in 2024, with the creation of some 2,500 new jobs and aims to have annual production capacity over 45 gigawatt hours, the release said.
(Reporting by Steve Scherer and Ismail Shakil in Ottawa; Writing by Costas Pitas; Editing by Caitlin Webber)