Industry
LG Energy Solution says sole management decision for NextStar driven by strong confidence
LG Energy Solution has completed a battery plant in Windsor, Ontario, and held an opening ceremony on March 5 local time. The company said NextStar Energy is the only battery manufacturing facility in Canada and produces EV batteries and ESS batteries for AI data centres and large power grids. The venture has invested more than 5 trillion won since 2022 and directly employs 1,300 people. LG Energy Solution’s CEO said the sole management decision was driven by strong confidence.