Volkswagen's PowerCo delays Ontario EV battery plant to 2029

PowerCo Canada, a Volkswagen subsidiary, has pushed back the start of operations at its St. Thomas, Ontario EV battery plant from 2027 to 2029, citing a shift to next-generation battery technology. The plant is expected to create about 3,000 jobs, with EllisDon named general contractor for the next construction phase.

• PowerCo's St. Thomas plant start delayed from 2027 to 2029
• Company cites shift to next-generation battery technology
• Plant expected to create around 3,000 jobs
• EllisDon named general contractor for next construction phase