Volkswagen’s PowerCo to invest €4.8 billion in Canadian gigafactory

Canadian_gigafactory_PowerCo

PowerCo has revealed more details of its planned Canadian gigafactory, which will be its biggest such facility so far with production capacity aimed at 90GWh

The battery maker is investing €4.8 billion ($5.3 billion) in the 150-hectare facility, the largest industrial investment in Ontario to date. It will sit in an industrial footprint covering 600 hectares that will include a supplier park. It will be PowerCo’s biggest gigafactory so far and have an eventual production capacity equal to 90GWh.

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