The 3 key takeaways
- Volkswagen announced plans to build a new electric vehicle (EV) battery plant in Windsor, Ontario, in a major investment that will boost the Canadian automotive industry and create thousands of jobs.
- The plant will produce batteries for Volkswagen’s North American EV lineup, helping the automaker achieve its goal of producing 1.5 million EVs per year globally by 2030.
- This move is expected to strengthen Canada’s position in the EV market, attract further investments, and promote sustainable transportation options in the country.
Source: https://globalnews.ca/news/9547616/volkswagen-ontario-ev-battery-plant/