Volkswagen Group has officially set its sights on making Canada the home of its first gigafactory outside Europe, after announcing today that it has signed an agreement with the federal government to begin searching for suitable locations for a battery cell factory in this country. The agreement comes in the form of an addendum to the memorandum of understanding the automaker signed with the Canadian government in August to work together on areas such as battery value creation, raw material supply chains and cathode material production, with ESG values in practice. “Canada is one logical option for the construction of a gigafactory in the region of North America,” says Oliver Blume, Volkswagen’s CEO in a press statement. Read original article here.
