Stellantis CEO says Canada could land EV battery plant

The CEO of Stellantis NV noted that Canada is in the running for a new electric vehicle (EV) battery plant for the company. The automaker committed $44.5 billion to low-emission cars, and part of this plan is to build their own battery plants.

Two of the plants will be in North America, and three in Europe. The European plants will be in Germany, France, and, if rumours are correct, Italy. At the same time, the North American plants will either be in Canada or the United States.

“At least one will be in the U.S., perhaps two. There is also an option that one of the two will be in Canada,” said Carlos Tavares at a news conference of Detroit’s Automotive Press Association on Wednesday.

The Dutch-based group are in the early stages of meetings with the Government of Canada. But, no specific location has been discussed. It will be interesting to see if the provincial or federal government can woo Stellantis to Ontario or Quebec.

However, no details of conversations or any leaks of potential sweeteners by the various levels of government have hit the media.

In addition, Steallantis runs three Canadian-based plants in Windsor, Toronto, and Brampton, producing thousands of vehicles per year.

Stellantis formed in January when Fiat Chrysler and the PSA Group of France merged. Under the merged brand, the company produces 110 models through Jeep, Peugeot, Dodge, Fiat and Chrysler.

Are you buying a Tesla? If you enjoy our content and we helped in your decision, use our referral link to get C$1,300/US$1,000 off your purchase.
Previous Article

Elon Musk says Tesla will ‘most likely’ accept Bitcoin as payment again, reveals SpaceX holds cryptocurrency

Next Article

Rivian waypoint chargers coming to 56 Tennessee State Parks

You might be interested in …