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Enormous $7 billion 'gigafactory' to open in Ontario in 2027

A gargantuan Volkswagen "gigafactory" recently kicked off construction in Ontario, throwing a potential lifeline to a regional auto industry pushed to the brink by U.S. trade tariffs.Workers mobilized on the sprawling 350-acre site of the future $7 billion Volkswagen PowerCo facility in St. Thomas, Ont., in late October, launching construction work for the colossal new electric vehicle battery plant with an official ground breaking celebration.The Oct. 28 ground breaking — which included the first concrete pours for the new facility — marked the first major step in the plant's journey towards a projected 2027 completion.Frank Blome, CEO of PowerCo SE, called October's ground breaking "a big milestone," and stated the project is "positioning Canada at the forefront of innovative EV battery production."The plant was first announced back in March 2023, and is being billed as Canada's largest electric vehicle battery plant, as well a...


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