Electric Vehicles Today - Windsor Welcomes Canada's First Silicon Anode Manufacturing Facility

NEO Battery Materials Ltd. has announced plans to establish Canada's first advanced silicon anode manufacturing facility on 8 acres of land in Windsor, Ontario, positioning itself as a key player in the Canadian battery value chain. The facility will have the capacity to produce 5,000 tons of silicon anodes annually and is set to create over 100 skilled jobs. With an initial investment of CAD 69 million, expanding to approximately CAD 120 million over the next eight years, the project aims to enhance the resilience of Ontario's battery supply chain. Supported by tax incentives and a grant from Windsor City Council, this venture underscores the strategic location and infrastructure of Windsor as fertile ground for innovation in electric vehicle battery technologies.

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Sources:

• Simply Wall St
• "NEO Battery Materials to Establish Canada’s First Silicon Anode Facility on 8 Acres in Windsor, Ontario" from NEO Battery Materials Ltd. on GlobeNewswire (published 24 January 2025)

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