Japan auto giant's new EV battery plant will be the third in Ontario—in addition to a Volkswagen facility in St. Thomas to start construction in 2025 and a Stellantis-LG plant in Windsor under way since last year.
The funding agreement with the U.S. Commerce Dept. was contingent on the company's recently announced pledge to invest $50 billion in the plants over the next five years.
Offshore wind efforts continue, with Skanska announcing a $600M Brooklyn port upgrade contract and the U.S. Interior Dept. releasing a schedule to lease up to 12
new offshore wind project sites through 2028.