Stellantis, LG Energy Solution name battery JV as NextStar Energy

News
Corporate developments

The two companies have appointed Danies Lee as the CEO of the new JV, which plans to set up a 45 GWh battery plant in Canada

Italian – American carmaker Stellantis and its battery partner LG Energy Solution announced on 2 June 2022 that their joint venture company will be officially called as NextStar Energy Inc. The two companies also said that Danies Lee has been appointed as the chief executive officer of the new JV company, which will set up a new lithium-ion battery production plant in Ontario, Canada.

Thank you for visiting S&P Global AutoTechInsight.

*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload preload