Skip to content

Canada's Business and Tech Newsroom

  • Professional Subscription
  • Partnerships & Advertising
  • Licensing & Syndication
Log In Subscribe
Welcome,
  • My Account
  • Log Out
  • Business
  • Tech
  • National
  • The Big Read
  • Briefings
  • Commentary
Search
Log In Subscribe
Welcome,
  • My Account
  • Log Out
News

GM, POSCO to build new battery-material plant in Quebec, charging up Canada’s EV prospects

General Motors and South Korea’s POSCO Chemical are starting construction immediately on a $500-million battery-materials plant in Bécancour, Que. It will open in the first quarter of 2025 and supply cathode material to plants in Lordstown, Ohio, and Spring Hill, Tenn., for Ultium, a GM joint venture with LG Energy Solution.

News

GM, POSCO to build new battery-material plant in Quebec, charging up Canada’s EV prospects

By Anita Balakrishnan
Two electric vehicles getting charged at the General Motors plant in Oshawa, Ont., in November 2018. Photo: Lars Hagberg/AFP via Getty Images
Mar 7, 2022
A A
A Small A Medium A Large
Share

Share

General Motors and South Korea’s POSCO Chemical are starting construction immediately on a $500-million battery-materials plant in Bécancour, Que. It will open in the first quarter of 2025 and supply cathode material to plants in Lordstown, Ohio, and Spring Hill, Tenn., for Ultium, a GM joint venture with LG Energy Solution.

It’s the second big battery-hub announcement for Bécancour, after the Germany chemical company BASF announced a plant there last week. 

What’s in it for GM: The Detroit automaker has said it will debut 30 new electric-vehicle models globally by 2025 and make one million of them in North America. It wants most of the economic value for those cars to come from North American-made parts, and this plant will provide a “key” cathode material that comprises about 40 per cent of a battery’s value. 

GM Canada said the plant will link with the local mining sector to refine nickel. It’s also close to the electric BrightDrop van plant in Ontario. The company said it chose Quebec for its educated workforce, multi-modal logistics hubs, spacious manufacturing sites with room to expand and predictable environmental standards thanks to hydro power.

What’s in it for Canada: GM’s investment in Canada’s EV supply chain may reassure the local auto sector, which has been under threat by proposed U.S. incentives to promote stateside EV manufacturing. Producing battery materials—but not the final batteries—could be a strategy to capitalize on growing demand while avoiding the uncertainty around the U.S. bill, which is focused on battery cells and final assembly.

What’s in it for Quebec: The plant will employ about 200 workers, returning jobs to the province 20 years after GM stopped making Chevrolet Camaros and Pontiac Firebirds there. 

What we’d still like to know: With everything going on in the U.S., could this ever lead to a bigger battery cell plant in Canada down the line? GM’s next plant is already slated for the U.S., but federal or provincial officials have met with manufacturers like CATL, LG and Tesla. Industry Minister François-Philippe Champagne said in a press conference Monday there will be news on other EVs to be built in Canada, and that he conveyed Canada’s advantages for battery manufacturing both in a recent visit to German automakers and to a Japanese delegation on Friday. 

Still, the governments haven’t formally announced how much this will cost taxpayers, since the federal and Ontario governments have already fronted $295 million each for Ford’s EV plants. Federal officials did not respond to The Logic’s request for comment by deadline. Quebec’s innovation ministry said the provincial government hasn’t announced a figure as discussions are ongoing.

The takeaway: Landing EV manufacturing commitments has become a key economic challenge for Canada, where the auto sector contributed $12.5 billion to the economy in 2020. 

Major automakers like GM and Ford support nearly 700 smaller suppliers. As Canada aims to ban sales of new internal-combustion light vehicles by 2035, time is of the essence to transition that workforce with new EV supply-chain opportunities.

#autos #batteries #electric vehicles #GM #Quebec

Sponsored Content

The road to risk-smart regulation

By Deborah Aarts

Why cybersecurity needs to match pace with AI

By Jessica Aftimus Rosa

How to shift your workforce from AI experimentation to adoption

By Jessica Aftimus Rosa
Paid promotional content

Loading...

Thanks for sharing!

You have shared 5 articles this month and reached the maximum amount of shares available.

Close
This account has reached its share limit.

If you would like to purchase a sharing license please contact The Logic support at [email protected].

Close
Want to share this article?

Upgrade to all-access now

Close
Gift the full article!

You have gifted 0 article(s) this month and have 5 remaining.

Copy link and gift
Copy Link
Email to a friend
Send Email
Gift on Social Media

Recipients will be able to read the full text of the article after submitting their email address. They will not have access to other articles or subscriber benefits.

Photo: Lars Hagberg/AFP via Getty Images

Most Popular This Week

A side shot of Annie Andrews passing a cluster of supporters with a hand outstretched and a joyful look on her face.
News

What the Democrats’ midterm sweep means for Canadian business

By Joanna Smith
An exterior of a five-storey office building with two Canadian flags out front. Above the entrance is a four-storey window with Ciena's logotype written sideways.
News

Former Ciena employee claims she was fired for reporting sexual assault by executive

By Catherine McIntyre
An image of Prime Minister Mark Carney, standing in front of a microphone and speaking. He is wearing a blue suit and tie, while looking away from the camera. He is standing in front of a dark background. The Cohere logo is visible in the background.
News

Conservatives challenge Ottawa to justify its $1.6B Cohere investment

By Catherine McIntyre
A logo that reads AI in blue lettering against a light yellow background.
News

BDC launches programs to test Canadian AI tools in small businesses

By Catherine McIntyre

In-depth, agenda-setting reporting

Great journalism delivered straight to your inbox.

Commentary

Carmichael: Canada’s sovereignty needs more than a strong economy

By Kevin Carmichael

Briefing

Enbridge says Pathways and other pipeline projects still hinge on final energy deal

By Meghan Potkins   |   Nov 6, 2026

Brookfield’s Teskey says AI infrastructure needs ‘social licence’ as firm raises US$25B

By Chaimae Chouiekh   |   Nov 6, 2026

Pembina in talks for next phase of Meta-linked data-centre power project

By Meghan Potkins   |   Nov 6, 2026

Best business newsletter in Canada

Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.

Exclusive events

See the bigger picture with reporters and industry experts in subscriber-exclusive events.

Membership in The Logic Council

Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.

Recent Popular Stories

Commentary

Carmichael: Canada’s Nobel-winning economist thinks Carney is on the right track

By Kevin Carmichael   |   Oct 31, 2026
A man wearing a dark suit jacket, blue button-down shirt and spotted brown-and-blue tie stands in front of a black and blue background, gesturing and speaking into a microphone.
News

Former Ciena employee claims she was fired for reporting sexual assault by executive

By Catherine McIntyre   |   Nov 3, 2026
An exterior of a five-storey office building with two Canadian flags out front. Above the entrance is a four-storey window with Ciena's logotype written sideways.
Analysis

Why a midterm sweep for the Democrats won’t end Canada’s trade nightmare

By Joanna Smith   |   Oct 29, 2026
News

The Canadian Forces were warned about safety gaps for 20 years before Wainwright disaster

By David Reevely   |   Oct 30, 2026
A side shot of a row of fully equipped soldiers making a beach landing from zodiac watercraft, rifles in hand.
News

Wealthsimple launches AI assistant as Canada’s big banks block third-party agents

By Chaimae Chouiekh   |   Nov 5, 2026
News

Canada is buying military gear for a world where ‘pretty much everything’ changed

By David Reevely   |   Nov 2, 2026
Three people, wearing business clothing and red poppy pins, sit on chairs on a stage. The person in the middle is speaking. A blue background is visible behind them.

Canada's most influential executives and policymakers are reading The Logic

  • CPP Investments
  • Sun Life Financial
  • C100
  • Amazon
  • Telus
  • Mastercard
  • bdc
  • Shopify
  • Rogers
  • RBC
  • General Motors
  • MaRS
  • Government of Canada
  • Uber
  • Loblaw Companies Limited
logic-logo

Canada's Business and Tech Newsroom

100% human-crafted journalism

Newsroom

  • News Tips
  • AI Policy
  • Editorial Disclosures
  • Story Pitches

Company

  • About Us
  • Terms of Service
  • Privacy Statement
  • Corporate Information

Contact

  • Contact Us
  • Advertise
  • FAQs
  • Work at The Logic

© 2026 The Logic Inc. All Rights Reserved.

Trusted by leaders

Error

Account creation failed.

Please email us at [email protected].

Create Account

[wppb-register form_name=”cozmo-registration-form-for-modal”]

I do have an account
Login
or

[wppb-login]

I don’t have an account