Stellantis Halts Windsor Battery Plant Construction After Liberal Government Fails to Deliver Promised Funding

EV maker Stellantis has indefinitely halted construction at its $5 billion battery manufacturing site in Windsor, Ontario, and is blaming the federal government for failing to meet funding commitments.

Stellantis on Monday confirmed that its EV battery project with LG Energy Solution is being put on hold because the federal government has thus far failed to boost funding. “the Canadian Government has not delivered on what was agreed to therefore Stellantis and LG Energy Solution will begin implementing their contingency plans,” the company said in a statement. “Effective immediately, all construction related to the battery module production on the Windsor site has stopped.”

Construction on the plant began in 2022, and once completed, would create 2,500 jobs. The federal and provincial governments both agreed to fund the project, but stopped short of publicly unveiling the amount. However, according to Stellantis, the Liberal government hasn’t held up its end of the deal. The revelation comes after Prime Minister Justin Trudeau and Finance Minister Chrystia Freeland announced generous subsidies to the tune of $13.7 billion to Volkswagen for the future construction of an EV battery plant in St. Thomas.

Selkirk Copper Mines — sponsored Sponsored · Selkirk Copper Mines

Ontario Premier Doug Ford also pledged $500 million in up-front capital costs for Wolkswagen’s project, whilst urging the federal government to give Stellantis the same funding treatment it gave to Volkswagen. “It really worries me. You know, we need the federal government to step up as they did for Volkswagen. We’ve signed a deal with Stellantis months ago, quite some time ago actually, on infrastructure— and we gave them the exact same amount as we gave Volkswagen.”

Information for this briefing was found via CTV News and the sources mentioned or linked. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

8 Mining Stocks Our Viewers Asked Us to Review | Sept 14th-18th

Canada Is Finally Fast-Tracking New Mines | John Passalacqua – First Phosphate

Gold & Silver Just Added $2 Billion to This Project | Aya Gold – Bourmadine PEA

Recommended

Cambria Gold Drills 166 g/t Gold and 3,383 g/t Silver Over 3.1 Metres at Premier

Selkirk Copper’s Minto PEA Outlines $494 Million After-Tax NPV and 47.8% IRR

Related News

Stellantis and CATL Commit €4.1 Billion to Spanish Lithium Battery Plant

Stellantis (NYSE: STLA) and Contemporary Amperex Technology Co., Limited (CATL) have announced a €4.1 billion...

Tuesday, December 10, 2024, 10:32:00 AM

Canada to Recover Hundreds of Millions from Stellantis Over Plant Closure

Canada will seek to recover hundreds of millions of dollars from Stellantis (NYSE: STLA) after...

Wednesday, February 4, 2026, 11:32:00 AM

Stellantis Boosts Charger, Minivan Output With Windsor Third Shift

Stellantis (NYSE: STLA) launched a third shift at its Windsor Assembly Plant on Tuesday, adding...

Friday, February 13, 2026, 12:53:00 PM

Glencore and Stellantis Back $1B SPAC Deal for Nickel and Copper Mines in Brazil

Global mining company Glencore, automaker Stellantis, and Volkswagen’s battery unit PowerCo are supporting a $1...

Thursday, July 13, 2023, 12:55:20 PM

Sigma Lithium To Enter Arbitration With LG Group Over 2021 Offtake Agreement

Sigma Lithium (TSXV: SGML) is headed to arbitration over a term sheet it signed with...

Tuesday, March 19, 2024, 09:27:20 PM