Accelerate welcomes Volkswagen Canada to ZEV supply chain alliance
by CM staff
Volkswagen's decision to open in Canada represents an anchor investment in the pursuit of a zero emission vehicle industry.
Volkswagen Group Canada Inc., joins Accelerate as the newest member of Canada’s zero-emission vehicle supply chain.
“We are thrilled to have Volkswagen Group Canada Inc. on board as we continue to develop a robust zero-emission vehicle supply chain in Canada,” said Matthew Fortier, President and CEO of Accelerate. “Volkswagen Group is committed to being a leader in electric mobility and has recognized Canada’s importance in the rapidly growing battery technology industry, as evidenced by its choice of St. Thomas, Ontario, for its first overseas gigafactory for battery cell manufacturing.”
Volkswagen’s decision to open in Canada represents an anchor investment in the pursuit of a zero emission vehicle (ZEV) industry and signals a step forward for Canada’s emerging battery supply chain.
“Our industry is rapidly shifting towards an electric future,” said Pierre Boutin, CEO of Volkswagen Group Canada Inc. “With the announcement that PowerCo. SE, a subsidiary of Volkswagen Group AG, will be constructing a battery cell manufacturing facility in Canada, Volkswagen has placed itself into the fast lane when it comes to the battery supply industry in Canada, and throughout North America.”
The next step for Canada is to work with manufacturers and with suppliers to unlock value-added activities both upstream and downstream as a fully integrated supply chain is developed in North America and to build our capacity to develop, commercialize, and scale-up domestic innovations, including battery innovations.
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