LG Energy Solution to buy Stellantis’s stake in Canadian EV battery joint-venture for just $100

LG Energy Solution to buy Stellantis’s stake in Canadian EV battery joint-venture for just $100

Open this photo in gallery: The NextStar Energy battery manufacturing plant in Windsor, Ont., shown in November, 2023. LG Energy Solution said in a regulatory filing that Stellantis had invested US$980-million in the plant.Fred Lum/The Globe and Mail Automaker Stellantis STLA-N is selling its stake in an Ontario battery manufacturing plant to its joint venture partner LG Energy Solution for a nominal US$100, as the automaker announced a broader reset of its electric vehicle strategy. Under the d...
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