Japan auto giant's new EV battery plant will be the third in Ontario—in addition to a Volkswagen facility in St. Thomas to start construction in 2025 and a Stellantis-LG plant in Windsor under way since last year.
The funding agreement with the U.S. Commerce Dept. was contingent on the company's recently announced pledge to invest $50 billion in the plants over the next five years.
But project development continues in the state—with builder Skanska gaining a $861M NYC port upgrade contract—and in the US, with federal lease auctions now set for offshore Maine and Oregon as first of 12
through 2028, and NJ announcing it will seek up to 4 GW capacity add.
French technology and automation giant confirms preliminary talks to buy or form a strategic alliance with the U.S. based engineering and construction technology company.