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Stellants & LG Announce NextStar Energy Inc. Joint Venture With New CEO!

Canadian Joint Venture Will Provide Batteries For Brampton & Windsor Facilities...

Stellantis and LG Energy Solution have announced NextStar Energy Inc. as the official name of its battery joint-venture company. Danies Lee has been appointed chief executive officer (CEO) of the new company. NextStar Energy will be Canada’s first large-scale lithium-ion battery production plant.

The Stellantis & LG Energy Solution Joint Venture Announcement. (Stellantis).

Stellantis and LG Energy Solution committed to investing more than $5 billion CAD ($4.1 billion USD) to establish automotive battery operations in Windsor, Ontario, with support from the municipal, provincial, and federal levels of the Canadian government. The manufacturing facility is targeted 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. Plant construction activities are expected to begin later this year with production operations planned to launch in Q1 of 2024.

Danies Lee has been appointed CEO of NextStar Energy. (Stellantis).

“I am extremely humbled by this appointment and look forward to putting in place the senior leadership team of NextStar Energy who will help me achieve our vision of producing leading-edge lithium-ion battery cells and modules to meet a significant portion of Stellantis’ vehicle production requirements in North America,” said Lee, CEO NextStar Energy.
 
NextStar Energy will play an important role in the Stellantis Dare Forward 2030 strategic plan, which aims to have more than 50% BEV sales in North America by the end of the decade.  

ARDC employees pose with PM of Canada Justin Trudeau, Stellantis NA COO, Mark Stewart, Ont. Premier Doug Ford, and other officials. (Stellantis).

Lee has held a series of global and regional sales and marketing roles for the promotion of lithium-ion batteries at LG Chem since 2001. He was responsible for U.S. market sales and was based in San Jose, California, from 2015 to 2018. Most recently, he oversaw the sales and program management of key EV battery programs for the North American market. Lee will be moving to Windsor, Ontario, in the coming months. He holds a master’s degree in international studies from Korea University, as well as an MBA from Duke University.   
 
The closing of the battery joint-venture company is subject to customary closing conditions, including regulatory approvals.

Source: Stellantis North America

Robert S. Miller

Robert S. Miller is a diehard Mopar enthusiast who lives and breathes all that is Mopar. The Michigander is not only a Co-Editor for MoparInsiders.com, 5thGenRams.com, and HDRams.com but an automotive photographer. He is an avid fan of offshore powerboat racing, which he travels the country to take part in.

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I'm not so sure that this is exciting news. On the American side Jeeps and muscle Dodge are exciting products.

If this is indeed a PSA EMP2 v4 now known as more marketing friendly eVMP than it can top at 330 HP for BEV with 2 electric motors as AWD, less for FWD.

Just for comparison. Giorgio platform can have 3 electric motors and more than 600 HP.

I can only wonder why they've chosen this route. IMO this was pushed by Unifor. They wanted higher employment rate and thus investment went to Windsor and not to Brampton.

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Must be for people mover not a performance cars.

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FCA Releases More Details About Canadian Union Agreement:​

New Electrified Vehicle Coming To Windsor Plant...​

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click to expand...

So is the Chrysler Airflow being produced in Windsor ?

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Marspeed speed says the Airflow will be build in Belvedere .... .that makes sense if it shares with Challenger and Charger.

My guess this is the Passport and Minivan.

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