{"id":34209,"date":"2026-02-07T14:05:13","date_gmt":"2026-02-07T22:05:13","guid":{"rendered":"https:\/\/essential.construction\/news\/stellantis-selling-stake-in-battery-plant-joint-venture-in-ontario-to-partner\/"},"modified":"2026-02-07T14:05:13","modified_gmt":"2026-02-07T22:05:13","slug":"stellantis-selling-stake-in-battery-plant-joint-venture-in-ontario-to-partner","status":"publish","type":"post","link":"https:\/\/essential.construction\/news\/stellantis-selling-stake-in-battery-plant-joint-venture-in-ontario-to-partner\/","title":{"rendered":"Stellantis selling stake in battery plant joint venture in Ontario to partner"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p>WINDSOR, ONT. \u2013 Automaker Stellantis is selling its stake in its joint venture battery manufacturing plant in Ontario to its partner, LG Energy Solution.<\/p>\n<p>Financial terms of the agreement were not immediately available.<\/p>\n<p>NextStar Energy was established as a joint venture by the two companies in 2022.<\/p>\n<p>Under the deal, LG Energy Solution will hold full ownership of the plant in Windsor, Ont., with the acquisition of the 49 per cent stake held by Stellantis.<\/p>\n<p>NextStar Energy employs over 1,300 employees, with a long-term target of 2,500 as it grows to full production.\u00a0<\/p>\n<p>The companies said Stellantis remains a committed customer and will continue to source battery products from NextStar Energy.<\/p>\n<p style=\"text-align: center;\"><strong>\u00a92025 The Canadian Press<\/strong><\/p>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/canada.constructconnect.com\/dcn\/news\/projects\/2026\/02\/stellantis-selling-stake-in-battery-plant-joint-venture-in-ontario-to-partner\" rel=\"nofollow noopener\" target=\"_blank\">This article was originally posted at Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] WINDSOR, ONT. \u2013 Automaker Stellantis is selling its stake in its joint venture battery manufacturing plant in Ontario to &#8230; <a title=\"Stellantis selling stake in battery plant joint venture in Ontario to partner\" class=\"read-more\" href=\"https:\/\/essential.construction\/news\/stellantis-selling-stake-in-battery-plant-joint-venture-in-ontario-to-partner\/\" aria-label=\"Read more about Stellantis selling stake in battery plant joint venture in Ontario to partner\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1037],"tags":[357,295],"class_list":["post-34209","post","type-post","status-publish","format-standard","hentry","category-daily-commercial-news","tag-blog","tag-technology","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/34209","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/comments?post=34209"}],"version-history":[{"count":0,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/34209\/revisions"}],"wp:attachment":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/media?parent=34209"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/categories?post=34209"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/tags?post=34209"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}