VW’s $20-billion Ontario battery factory launched with big talk, big goals and big subsidies

At Friday’s announcement in St. Thomas, the automaker, Prime Minister Trudeau, Ontario Premier Ford and local leaders detailed joint investment plans and anticipated returns for a plant that will occupy a sprawling 370-acre site and make one million batteries

VW, Mercedes sign MOUs with Canada to secure battery minerals supply, hint at more value-added news to come

The twin Memorandums of Understanding signed today in Toronto cement the status of Volkswagen’s newly created battery company PowerCo as a force to watch on the market, while Mercedes indicates unprecedented interest in its Canadian activities

Volkswagen targets mid-2021 for Canadian launch of its fully electric ID.4 SUV

Today’s ID.4 global debut — an SUV with more than 400 kilometres of range — follows the launch of the compact ID.3 in select markets, and kicks off a transformative plan to roll out 75 all-electric VW models worldwide by 2029