News Summary

Volkswagen’s PowerCo Canada has commenced construction on its gigafactory project in St. Thomas, Ontario, marking a significant milestone for the country’s largest EV battery plant. The $7 billion facility, which will span 350 acres, is set to begin production in 2027. Magil Construction Canada Inc. is overseeing the foundational work, which includes extensive concrete pouring and rebar installation. Steel erection by Canadian partner Steelcon will follow. This development is a major step forward in Canada’s renewable energy and manufacturing sectors.