Stellantis-LG ENergy JV NextStar Energy begins battery module production
23 October 2024
NextStar Energy, the joint venture formed by LG Energy Solution and Stellantis, has started battery module production, marking a significant milestone in its operations ramp up.
Construction has been progressing at a steady pace, with more than 7,500 Canadian tradespeople contributing nearly 5.7 million construction man-hours since NextStar’s groundbreaking in 2022.
The start of module production is its most significant operations milestone yet. The next and final phase of operations is cell manufacturing, which is set to begin in 2025 when construction is complete.
NextStar Energy facilities will be capable of building an annual production capacity of 49.5 GWh, enough to power 450,000 vehicles per year.
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