Ford, SK On, EcoProBM to invest C$1.2 billion to build cathode manufacturing facility in Canada
Aug. 17, 2023
The plant will be used to provide Ford with the batteries it needs for its electric vehicles.
Ford, in partnership with SK On and EcoProBM, has announced plans to build a cathode manufacturing facility in Bécancour, Québec. The plant will be used to provide Ford with the batteries it needs for its electric vehicles. The three companies will invest C$1.2 billion to build the plant, which will have the capacity to produce up to 45,000 tons of CAM per year. The new 3-million-square-foot facility will generate 345 new jobs and will be operational in 2026.
In a recent quote, Bev Goodman, president and CEO, Ford of Canada, said, “Ford has been serving customers in Canada for 119 years, longer than any other automaker, and we’re excited to invest in this new facility to create a vertically integrated, closed-loop battery manufacturing supply chain in North America designed to help make electric vehicles more accessible for millions of people over time. We’re excited for the opportunity for our first-ever investment in Québec with a new facility that will help shape the EV ecosystem there.”
Investing in American Manufacturing - 2023
This map shows where manufacturers are choosing to invest their resources, whether they are building new production facilities or expanding existing plants.
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