Canada has emerged victorious in the bid to host Volkswagen’s new battery plant, outshining the United States despite the latter offering “way, way more money,” according to Prime Minister Justin Trudeau. This development marks a significant milestone in Canada’s pursuit of becoming a global electric vehicle (EV) powerhouse.
In a recent interview, Trudeau revealed that Canada’s strategic location, access to natural resources, and focus on clean energy helped tip the scales in its favor. The new Volkswagen facility is expected to create thousands of jobs and boost the country’s economy, while also supporting the broader transition to clean energy and reducing greenhouse gas emissions.
Volkswagen’s investment in Canada aligns with the automaker’s ambitious EV plans, as the company has been steadily working to expand its EV portfolio and production capabilities. The new plant will play a critical role in meeting increasing global demand for electric vehicles and batteries.
Canadian officials have been actively courting automakers and battery manufacturers to establish facilities in the country. The Volkswagen deal is seen as a major victory for the Trudeau administration and is expected to encourage other industry players to consider investing in Canada.
