NextStar Energy provided an update on Tuesday regarding the construction progress of its electric vehicle (EV) battery plant, revealing that it has reached 30% completion. Notably, the workforce involved in the project comprises entirely of 950 Canadian craft workers. The company assured stakeholders that the project is proceeding according to schedule, with plans for the first phase of operations, focusing on battery modular production, to commence in the first half of 2024. CEO Danies Lee expressed confidence in the project's trajectory, highlighting the significant milestone achieved in the construction process. Lee underscored the collaborative efforts of skilled workers in erecting a cutting-edge facility poised to manufacture lithium-ion battery cells and modules for the next generation of electric vehicles. This update signifies the company's commitment to advancing its EV battery production capabilities while leveraging Canadian talent and expertise in the process.
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