Volkswagen looks at building plant in Canada

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Volkswagen looks at building plant in Canada

BERLIN Reuters -- Volkswagen is looking at setting up a battery cell factory in Ontario, Canada, according to the Handelsblatt business daily on Tuesday, adding that the province had offered investments and other incentives to win over the carmaker.

The report said five entries from January 2023 are listed in the lobby register of the Canadian province for Volkswagen, including one that mentions Chief Executive Oliver Blume by name.

Volkswagen didn't respond immediately to a request for comment.

The carmaker announced in December it was looking for a site for a battery cell plant in North America, and Blume said at the time that Canada was one logical option. documents seen by Handelsblatt said Ontario wanted to be considered in competition with other locations in consideration.