Who owns NextStar energy?

Stellantis and LG Energy Solution announced Thursday that NextStar Energy Inc. will be the official name of its joint-venture battery company in Windsor. Danies Lee has also been appointed Chief Executive Officer (CEO) of the new company, which will be Canada’s first large-scale lithium-ion battery production plant.

What is NextStar energy & stellantis doing in Windsor?

The Windsor region was boldly thrust into the future of an electrified auto industry Wednesday with the announcement that Stellantis and LG Energy Solution will build a $5 billion automobile... Stellantis and LG Energy Solution announced Thursday that NextStar Energy Inc. will be the official name of its joint-venture battery company in Windsor.

When will NextStar energy reopen in Windsor?

Effective immediately, all construction at the NextStar Energy battery plant in Windsor will resume with production operations planned to launch in 2024. The plant aims to have an annual production capacity in excess of 45 gigawatt hours (GWh) and will create an estimated 2,500 new jobs in Windsor and the surrounding areas.

Is NextStar a leader in a circular energy economy?

Photo by Dan Janisse / Windsor Star LG Energy Solution Ltd., the parent company of Windsor’s NextStar Energy battery plant, laid out its first five-year plan this week that aims to more than double its revenue by 2028 and position itself as the dominant player in the centre of a circular energy economy.

What is NextStar energy's most significant operation Milestone?

Stellantis said the start of module production is NextStar Energy’s most significant operations milestone yet and demonstrated its commitment to becoming an industry leader in North America battery technology and production.

Why did NextStar energy launch a battery module?

“We are thrilled to begin battery module production at NextStar Energy, which is a pivotal landmark for our operations,” said Danies Lee, CEO of NextStar Energy. “This successful launch is a reflection of our team’s expertise and dedication to innovating world-class energy solutions right here in Windsor.”