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Wednesday, May 29, 2024

Volkswagen’s first North American gigafactory will likely be in Canada

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Volkswagen introduced that its first gigafactory in North America will likely be situated within the metropolis of St. Thomas within the Canadian province of Ontario. By establishing a battery plant in North America, Volkswagen hopes to satisfy a significant requirement to allow its EVs to be eligible for the US federal tax credit score of $7,500.

In accordance with VW, the St. Thomas plant “will equip the Group model’s BEVs within the area with cutting-edge battery cells.” The corporate signed a memorandum of understanding with Canadian Prime Minister Justin Trudeau’s authorities final August that focuses on “battery worth creation and uncooked materials safety with a view to promote e-mobility within the nation.”

The St. Thomas manufacturing unit will likely be a three way partnership between VW and Energy Co

In 2021, VW unveiled plans to construct six battery cell manufacturing vegetation in Europe by 2030, together with the power in Salzgitter and one in Skelleftea, Sweden. A 3rd plant is underneath development in Valencia, Spain, and the fourth manufacturing unit will likely be primarily based in Jap Europe. The vegetation will finally have a manufacturing capability of 240 gigawatt-hours a yr.

Beginning in 2023, VW plans to roll out a brand new unified prismatic cell design of its batteries that will likely be put in throughout the automaker’s manufacturers. The purpose is to have this unified cell design powering as much as 80 p.c of VW’s electrical automobiles by 2030. VW additionally has contracts with two different main battery producers, Samsung and CATL. And the corporate is backing a startup primarily based in San Jose, California, QuantumScape, which is engaged on extra energy-efficient solid-state batteries.

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VW can also be constructing electrical vehicles and SUVs underneath its new Scout model, with a particular concentrate on American automotive patrons. The corporate lately introduced plans to construct a automobile meeting plant in South Carolina. In an announcement, The automaker’s EV lineup for North America consists solely of the ID.4 SUV. Quickly to be launched embrace the ID.7 sedan and ID Buzz electrical minivan. VW Group CEO Oliver Blume mentioned the Ontario gigafactory will likely be essential to that effort.

In accordance with VW, the St. Thomas plant “will equip the Group model’s BEVs within the area with cutting-edge battery cells”

“Our North American technique is a key precedence in our 10-point-plan that we’ve laid out final yr,” Blume mentioned. “With the choices for cell manufacturing in Canada and a Scout web site in South Carolina, we’re fast-forwarding the execution of our North American technique.”

The manufacturing unit can also be a part of a number of latest EV amenities which are anticipated to return on-line within the coming years. Globally, battery manufacturing is predicted to develop from 95.3 gigawatt-hours (GWh) in 2020 to 410.5 GWh in 2024, in line with GlobalData, an information and analytics firm.



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