PowerCo Pushes St. Thomas Battery Plant Opening to 2029
PowerCo, Volkswagen Group's battery company, has announced a two-year delay for its planned gigafactory in St. Thomas, Ontario, with the facility now expected to begin operations in 2029. Despite the revised timeline, the company reaffirms the plant's critical role in its North American EV strategy, with construction continuing and EllisDon named as the general contractor.