Deals Counterparts

NextStar Energy opens battery cell plant in Windsor, Canada

Development Storage announced Canada Mar 6, 2026

NextStar Energy, a joint venture between Stellantis and LG Energy Solution (LGES), has inaugurated its battery cell factory in Windsor, Canada, which will initially manufacture cells for stationary battery storage systems.

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Deal Analysis

NextStar Energy, a joint venture between global automotive manufacturer Stellantis and LG Energy Solution (LGES), has inaugurated its battery cell factory in Windsor, Canada. This development represents a significant strategic move for Stellantis, aligning with its stated investment in electrification and sustainable mobility solutions. The plant's initial focus on manufacturing cells for stationary battery storage systems positions NextStar Energy to address a critical and growing segment of the energy market, while also establishing a foundational manufacturing capability in North America. The deal is notable for the collaboration between a major global automotive player like Stellantis and LGES in establishing a new, large-scale manufacturing facility. While specific project value and capacity details are not disclosed, the 'development' type and 'announced' status of the plant's opening underscore a tangible expansion of battery production infrastructure. The Canadian location further highlights the increasing geographical diversification of battery manufacturing, supporting regional supply chains for energy storage solutions.
  • Joint venture between Stellantis and LG Energy Solution (LGES).
  • New battery cell plant opened in Windsor, Canada.
  • Initial manufacturing focus on cells for stationary battery storage systems.
  • Strategic investment by Stellantis in electrification and sustainable mobility solutions.

Timeline

Announced
Mar 6, 2026
Signed
Closed

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