Stellantis sells its 49% NextStar JV stake to LG Energy for $100, resetting EV strategy while securing battery supply in ...
Unifor, the Canadian union that represents automotive-assembly workers, said it commends LG Energy for stepping up and taking full control of NextStar, which may employ up to 2,500. The union also ...
The Canadian Press on MSN
Stellantis selling stake in Ontario battery plant to JV partner LG for US$100
Automaker Stellantis is selling its stake in its joint venture battery manufacturing plant in Ontario for a nominal US$100 to ...
The agreement secures American-made LFP battery supply for Qcells’ utility-scale projects from 2028 to 2030, reinforcing a shared commitment to domestic manufacturing.
NextStar was a joint venture between the two companies that came about in 2022 to build Canada’s first large-scale batter ...
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