The $5 billion Nextstar battery factory in Windsor, Ontario is Canada's first large scale, lithium-ion battery production plant. Thus far, the Federal and Ontario governments may have provided as much as $1 billion support. It comes as the global automaker takes a big financial hit as it pulls back on its electric vehicle ambitions. 7 billion), will target energy storage markets beyond automotive. With this step, the company officially launches development of what will become Canada's largest EV battery facility, scheduled to begin. . Today, the demand for electric vehicles (EVs) and EV battery plants is waning both in Canada and globally due to a wide range of factors. THOMAS, ONTARIO – Tuesday October 28, 2025 – PowerCo Canada today marked a pivotal milestone in its St. Thomas gigafactory project, celebrating the start of construction on three major buildings.
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