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StromVolt to build Canada’s first lithium-ion cell factory

Thu, 10/21/2021 - 10:14 -- paul Crompton

StromVolt Americas has signed agreements with Taiwan-based Delta Electronics to build the first lithium-ion cell factory in Canada. 

The Canadian company will be the first North American firm to fully own a facility along with the rights to develop and scale up this technology in the country.

StromVolt has identified the province of Quebec as the location for the first factory.

The deal with Delta Electronics gives StromVolt acess to the cell technology, in-person support for the factory construction and the sale of brand-new machinery. 

The partnership reduces the timeline for the factory to become operational and eliminates the uncertainty for such an ambitious project, said Maxime Vidricaire, CEO of StromVolt.

He said: “North America has all the critical minerals to fully convert to EVs, but the absence of lithium-ion cell technology and know-how means that EV manufacturers are currently facing shortages and an overdependence on foreign players. 

“We have secured a cell manufacturing background and will apply it to try and foster a local supply chain, linking mining projects directly to the booming EV sector.

“Quebec’s clear aspirations to become a leader in lithium-ion batteries, along with its abundance of minerals, renewable energy and cutting-edge research make it the ideal hub for the first Canadian cell factory.”

StromVolt will also partner with battery recyclers to integrate recovered minerals into its cell production. 

This vision for the “circular battery supply chain” offers a path towards sustainable EV manufacturing that increasingly relies on the resources from older EVs, eventually phasing out the need for mining.

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