“When LGES decided to become the sole owner of NextStar Energy, we did so with absolute confidence,” LGES CEO Kim Dong-myung said. “As Canada’s first large-scale battery manufacturing facility, NextStar Energy will play a critical role in powering the nation’s next chapter of electrification.”
According to LGES, NextStar Energy has invested more than 5 billion Canadian dollars since its launch in 2022. The facility currently has around 1,300 direct employees and aims to expand the number to 2,500 in the long term.”
Bigchunky_Boy on
Awesome
jemlinus on
Great news. Welcome!!!
sooninsolvent on
Stellantis dropped their investment in the plant like a hot potato , I guess they are not as willing to throw endless funds at a financial sinkhole as our federal government.
RoyallyOakie on
Good good good.
DNRJocePKPiers on
Safe from exploding Samsungs.
Arctic_Chilean on
🇰🇷 🤝 🇨🇦
Now with a renewed push to expand trade with the EU, it would be nice to see us increase cooperation with Poland too, thus forming the:
HYPER-CANPOLKOREAN ALLIANCE!
/s
Joking aside, South Korea has shown to be quite open to expand trade and cooperation with multiple partners, and they do seem quite keen on Canada. Very nice to see!
Whatwhyreally on
Let’s hope carney doesn’t raid the facility and deport the workers here to train up new employees.
No_You5794 on
yeah, but can they compete on price in international markets, or we a captive market due to tariffs on imports?
peope still hate on massey ferguson for tariffs imposed on john deere tractors a century ago
Powerful_Release9030 on
Is this the one that Stellatis divested of for 100 bucks?
little_fingr on
Love seeing Korea and canada business deals
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“When LGES decided to become the sole owner of NextStar Energy, we did so with absolute confidence,” LGES CEO Kim Dong-myung said. “As Canada’s first large-scale battery manufacturing facility, NextStar Energy will play a critical role in powering the nation’s next chapter of electrification.”
According to LGES, NextStar Energy has invested more than 5 billion Canadian dollars since its launch in 2022. The facility currently has around 1,300 direct employees and aims to expand the number to 2,500 in the long term.”
Awesome
Great news. Welcome!!!
Stellantis dropped their investment in the plant like a hot potato , I guess they are not as willing to throw endless funds at a financial sinkhole as our federal government.
Good good good.
Safe from exploding Samsungs.
🇰🇷 🤝 🇨🇦
Now with a renewed push to expand trade with the EU, it would be nice to see us increase cooperation with Poland too, thus forming the:
HYPER-CANPOLKOREAN ALLIANCE!
/s
Joking aside, South Korea has shown to be quite open to expand trade and cooperation with multiple partners, and they do seem quite keen on Canada. Very nice to see!
Let’s hope carney doesn’t raid the facility and deport the workers here to train up new employees.
yeah, but can they compete on price in international markets, or we a captive market due to tariffs on imports?
peope still hate on massey ferguson for tariffs imposed on john deere tractors a century ago
Is this the one that Stellatis divested of for 100 bucks?
Love seeing Korea and canada business deals