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NextStar Energy
NextStar Energy is a joint venture between Stellantis and LG Energy Solution, established to produce electric vehicle (EV) battery modules and cells. The company's primary focus is on manufacturing advanced lithium-ion batteries to support the growing EV market, particularly in North America, contributing significantly to the energy transition.
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Battery ManufacturerOEM/EquipmentDeveloper
Strategic Overview
- NextStar Energy is a critical component of Stellantis's electrification strategy in North America, ensuring a localized supply chain for EV batteries.
- The joint venture leverages LG Energy Solution's advanced battery technology with Stellantis's automotive manufacturing expertise.
- The company's operations are central to Canada's efforts to establish itself as a hub for EV manufacturing and battery production.
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Sign up free →Deal History (1)
Deal Activity from Public Sources
Establishment of NextStar Energy Inc. joint venture and investment in Canada's first large-scale EV battery manufacturing plant in Windsor, Ontario.
Investment Focus
Technologies
Storage1
Geography
Canada1
Key People
Dan Lee
Chief Executive Officer
Track Record
1
Deals Completed
2
Years Active
$B5B
Total Value
Notable projects: NextStar Energy EV Battery Plant (Windsor, Canada)
Detailed Analysis
Technologies
Sectors
Geographies
Deal Stage
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