Stellantis selling its stake of Ontario battery factory to South Korea
NextStar was a joint venture between the two companies that came about in 2022 to build Canada''s first large-scale batter manufacturing facility in Windsor, Ont.
NextStar was a joint venture between the two companies that came about in 2022 to build Canada''s first large-scale batter manufacturing facility in Windsor, Ont.
Discover how LG Energy Solution''s acquisition of Stellantis''s stake in NextStar Energy reshapes Canada''s battery manufacturing landscape, targeting diverse markets including EV and
More than $5 billion CAD invested in NextStar Energy to date, reinforcing long-term growth, innovation, and commitment to high-quality Canadian jobs at Canada''s first and only commercial
LG Energy Solution, Stellantis, and NextStar Energy have jointly announced that LG Energy Solution will acquire complete ownership of NextStar Energy through purchase of Stellantis''s 49
Windsor, Ontario, July 5, 2023 – NextStar Energy, the vehicle battery joint venture between Stellantis N.V. and LG Energy Solution (LGES), today signed a binding agreement that secures the future of
NextStar notes the expansion of AI data centres as an important factor in producing ESS cells. Image: NextStar Energy LG Energy Solution and Stellantis'' joint venture (JV), NextStar Energy,
Automaker Stellantis is selling its 49 per cent stake in an Ontario battery plant to its joint venture partner LG Energy Solution for a nominal US$100, as the automaker moves ahead with a
NextStar Energy was established as a joint venture by the two companies in 2022 to build Canada''s first large-scale battery manufacturing facility.
BESS is the fastest growing energy storage technology in Canada and is also the dominant storage technology in terms of capacity and number of sites. All but four projects proposed
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