Ontario Welcomes Historic Investment from Volkswagen

We are thrilled to share that Volkswagen, Europe’s largest automaker, has announced that its subsidiary PowerCo will build its first overseas electric vehicle (EV) battery manufacturing facility in St. Thomas, Ontario.

With a highly skilled workforce, clean energy, an abundance of critical minerals, access to markets, and a flourishing automotive and battery sector, we are an attractive investment destination with everything companies need to grow.

Today’s news is a major vote of confidence in Ontario and reconfirms the province’s position as a global leader on the electric vehicle supply chain.

For more information regarding Volkswagen’s investment, please click here!