Delivering good jobs and clean air with a new electric vehicle battery components facility in Ontario
Through the new partnership, Umicore plans to invest $1.5billion to establish a net-zero facility in Loyalist Township, Ontario, which will create 1,000 jobs during construction and hundreds of permanent positions.
- Through the new partnership, Umicore plans to invest $1.5billion to establish a net-zero facility in Loyalist Township, Ontario, which will create 1,000 jobs during construction and hundreds of permanent positions.
- By the end of the decade, Umicore's new facility will produce enough precursor cathode active materials (pCAM) and cathode active materials (CAM) essential components in batteries to supply one million electric vehicles annually.
- As we build a clean economy, the Government of Canada will continue to ensure the Canadian automotive industry and its workers remain competitive.
- Today's announcement was made during Electric Vehicle Week in Canada, which runs from July 11 to 15, 2022.