CANADA'S LEADING INFORMATION SOURCE FOR THE METALWORKING INDUSTRY

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CANADA'S LEADING INFORMATION SOURCE FOR THE METALWORKING INDUSTRY

CANADA'S LEADING INFORMATION SOURCE FOR THE METALWORKING INDUSTRY

British Columbia attracts substantial battery cell production facility

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The E-One Moli lithium-ion battery cell production facility is expected to produce up to 135 million battery cells per year. Construction is expected to begin in June 2024, and the facility is expected to be fully operational in 2028. PHOTO courtesy E-One Moli.

A $1.05-billion partnership between E-One Moli and the governments of B.C. and Canada is bringing lithium-ion battery cell production to Maple Ridge, British Columbia.  

The facility is expected to produce up to 135 million battery cells per year. Construction of the E-One Moli manufacturing facility is expected to begin in June 2024, and the facility is expected to be fully operational in 2028.

The Prime Minister, Justin Trudeau, was joined by the Premier of British Columbia, David Eby, and the Mayor of Maple Ridge, Dan Ruimy, to announce support for a major lithium-ion battery cell manufacturing facility in Maple Ridge, British Columbia.

“As our province builds a stronger, cleaner economy, we open the door to immense opportunities in the private sector that value B.C. as a centre for innovation, investment and cutting-edge technology,” said Premier Eby. “

The Government of B.C. is contributing as much as $80 million to  E-One Moli’s new facility in Maple Ridge, which will anchor the company’s North American production. The production facility will be Western Canada’s first high-performance lithium-ion battery cell manufacturing facility, creating a new hub in the global battery component supply chain.

The province’s investment leverages $970 million from the federal government, E-One Moli and private sources. The plant will produce the latest generation of high-performance lithium-ion battery cells found in a wide range of products, including consumer electronics, such as vacuums, power tools, garden trimmers and medical devices.

“Canada is becoming a global leader in battery manufacturing thanks to all our advantages – access to global markets, a highly talented workforce, and all the critical mineral resources necessary to make batteries – and world-leading companies want in,” said François-Philippe Champagne, federal Minister of Innovation, Science and Industry. 

The project will support the ecosystem development of a domestic critical-minerals supply chain providing a local alternative to the battery products that are predominantly manufactured in Asia.

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