Canadas first battery plant in Windsor will produce energy storage batteries as EV sales slump persists
News Source : Financial Post
News Summary
- Nextstar Energy Ltd. will produce batteries for energy storage, not electric vehicles.
- The $5 billion battery factory in Windsor marks Canada’s first large-scale lithium ion manufacturing facility.
- More than 1,000 people work at the plant, and the company has committed to hiring an additional 1,500 workers as it reaches full capacity.
- But it enters commercial production next month amidst sluggish EV sales, which declined to 9.2 per cent of all new vehicle registrations in the second quarter of 2025.
Just think about it, said Lee. It takes about 15 years to set up one nuclear power plant but when it comes to ESS, it is a matter of one or two years. So we can more effectively bump up the capacity [+3313 chars]
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