environment, but for automotive workers and the towns they live in. With a $3.6 billion investment in Canadian operations, the future of the Windsor and Brampton plants will be secured.
The announcement brings the total investment in Canada to CAD$8.6 billion when you also consider its other investment in a Stellantis-LG Chem battery plant, which will add another 2,500 jobs to the province. This battery plant will feed the battery needs of both the Windsor and Brampton plants, which will produce EVs and other electrified models.
Environmentally, this isn’t ideal, as it gives both the company and its buyers excuses to keep burning gas. While the data doesn’t actually support the assertion that plugin-hybrids with electric range don’t get plugged in, these flexible architectures will often be built without a plug , or with EV-only ranges so low as to be considered compliance cars. In other words, if there’s not enough EV range to cover daily needs, it’s not a big environmental win.
What’s the battery output capacity of the LG Chem plant? When’s it anticipated to open? How many EVs are they projecting to produce at each of the plants? Which makes? What’s the timeline? This is key information that is missing and reads as a fluff piece
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Source: Reuters - 🏆 2. / 97 Read more »