St. Thomas in running for 2500 job EV battery plant: Analyst
CTV
Growing indications Volkswagen, and perhaps some other automakers, have their eyes on a 323-hectare (800 acres) parcel of land north of St. Thomas.
A Volkswagen dealership nearing completion on Wharncliffe Road in London is currently the only sign of new investment by the automaker in Southwestern Ontario.
But there are growing indications Volkswagen, and perhaps some other automakers, have their eyes on a 323-hectare (800 acres) parcel of land north of St. Thomas.
While the automaker and municipal officials have “nothing to share at this time”, the land south of Ron McNeil Line and east of Highbury Avenue was teaming with land surveyors on Thursday.
The industrial-size plot was secured by the City of St. Thomas last summer.
At the time, St. Thomas Mayor Joe Preston acknowledged there were rumblings of investment by EV manufacturers in Southwestern Ontario.
“Lots of talk on electric vehicles and the batteries they use,” Preston told CTV London.
The talk has only amplified since then.