New Ontario Volkswagen EV battery plant to create 3,000 jobs - BNN Bloomberg

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New Ontario Volkswagen EV battery plant to create 3,000 jobs - BNN Bloomberg
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A massive new Volkswagen electric-vehicle battery plant in southwestern Ontario will create up to 3,000 direct jobs and 30,000 indirect jobs in the region.

Prime Minister Justin Trudeau, Ontario Premier Doug Ford and top brass from the German automaker are unveiling details of the new Volkswagen"gigafactory" that will be built in St. Thomas, Ont.

Ontario will invest $500 million in direct incentives to the company and spend hundreds of millions more to build roads, utilities, police stations and fire stations in the area, Fedeli said. The sprawling plant will anchor an industrial park where several other manufacturers will be needed to supply critical components for the batteries, Fedeli said.

"We really felt that when we flew back from that meeting with Volkswagen, we were very confident then that Ontario was the right place for them, but we had to put the right package together," Fedeli said.

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