Volkswagen’s Electric Vehicle Battery Plant Will Add Thousands of Jobs
From mining crucial minerals to manufacturing batteries and automobiles, Ontario and Canada continue to draw historic, transformational investments across the electric vehicle supply chain in order to secure more good-paying employment for workers today and in the future.
Volkswagen, Europe’s largest automaker, made a historic investment in Ontario and Canada this month. Volkswagen is investing $7 billion in St. Thomas, Ontario, to build its first overseas electric vehicle battery production plant. This is the greatest investment in electric vehicles in Canadian history, indicating a strong vote of confidence in Ontario and Canada’s highly qualified employees, robust economies, and competitive business environments.
Premier Doug Ford and Prime Minister Justin Trudeau were joined today by Vic Fedeli, Minister of Economic Development, Job Creation, and Trade, and François-Philippe Champagne, federal Minister of Innovation, Science, and Industry, to highlight this historic agreement for St. Thomas, Ontario, and Canada’s entire electric vehicle supply chain.
The plant, Volkswagen’s largest to date, will employ up to 3,000 people directly and up to 30,000 indirectly. Once completed in 2027, the plant will create batteries for up to one million electric vehicles per year, increasing Canada’s domestic battery production capability to fulfil current and future demand for electric vehicles. The complex, which will be worth over $200 billion, will be Canada’s largest industrial facility. Construction is set to start next year.
