Parties
Company
Stellantis NV
Company
LG Energy Solution
Government
City of Windsor
Stikeman Elliott is acting for LG Energy Solution, as Canadian counsel, in its approximately $5 billion (US$4.1 billion) joint venture with Stellantis N.V. to establish Canada’s first large-scale, domestic vehicle battery manufacturing facility. The joint venture entity will produce leading edge lithium-ion battery cells and modules to meet a significant portion of Stellantis’ vehicle production requirements in North America. Operations will include an all-new battery manufacturing plant located in Windsor, Ontario. The plant is the largest single automotive investment in Canadian history and will play a major role in Canada's electric vehicle renaissance.
Deal Type
Joint VentureIndustry
TransportationTransaction
$ 5,100,000,000Deal Status
ActiveClosing Date