# Volkswagen and PowerCo SE to build largest battery cell factory in St. Thomas, Ontario

Volkswagen Group and its battery company PowerCo SE announced plans to build a gigafactory in St. Thomas, Ontario, Canada, with an annual capacity of up to 90 GWh and an investment of up to €4.8 billion until 2030, creating up to 3,000 direct jobs.

- Type: New facility
- Announced: 2023-04-21
- Where: St. Thomas, Ontario, Canada
- Value: $5.25B (4.80B EUR)
- Jobs: 3,000
- Status: announced
- Capacity: 90 GWh per year
- Products: electric vehicle battery cells
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Volkswagen](https://endata.com/companies/533.md)
- [PowerCo](https://endata.com/companies/65548.md)

## Sources

- [volkswagen-group.com](https://www.volkswagen-group.com/en/press-releases/volkswagen-and-powerco-se-will-build-their-largest-cell-factory-to-date-in-canada-16163), 2023-04-21: "The planned investment of up to €4.8 billion / CAD$ 7 billion until 2030 has the potential to create up to 3,000 highly skilled jobs at the factory and tens of thousands more indirect jobs in the region."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.