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LG Energy will build a factory in Canada, battery manufacturers gather in North America

 Last Update: 2022-04-30
 Source: Internet
 Author: User

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LG Energy and Stellantis said in October they planned to build a battery manufacturing plant in North America to expand their electric vehicle lineup, with the goal of increasing U.
S.
electric vehicle sales to 40 percent by 2020
.
Construction of the battery factory will begin next quarter, with production scheduled to start in early 2024, according to both parties
.

North America is attracting more and more companies to set up factories
.
The Canadian government has provided a series of incentives for clean energy companies, and the Biden administration of the United States has also shifted its focus to clean energy vehicles and infrastructure
.

In addition, Samsung SDI has also signed a memorandum of understanding cooperation agreement with Stellantis, planning to build a battery factory in the United States; at the same time, Panasonic is also negotiating the establishment of a new factory in the United States, which will be Tesla.
and other electric vehicle makers to supply batteries
.

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