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LG Energy Solution will acquire Stellantis' 49% stake in NextStar Energy, a joint venture established in 2022 to build a battery manufacturing facility in Windsor, Ontario. Over $5 billion CAD has been invested in the facility to date.
“The ownership transition is a mutually agreed, strategic decision by the joint venture’s two shareholders, LG Energy Solution and Stellantis.”stellantis.com
Summarized from public sources; check the original articles before acting on it.