- EcoProBM, SK On, and Ford invest C$1.2 billion in Québec cathode EV plant
- Plant to create jobs and accelerate the North American EV transition from 2026
- Boosts EV supply chain, supports Ford’s localisation strategy
The EV plant is set to revolutionise the North American supply chain
EcoProBM, SK On, and Ford have teamed up for a groundbreaking C$1.2 billion investment in a cutting-edge cathode manufacturing facility in Bécancour, Québec.
This strategic move aims to supercharge the supply chain for Ford’s forthcoming electric vehicles (EVs). As a result, they will become more accessible and affordable. Construction is already underway on the sprawling 280,000-square-meter site. The facility is set to commence production in the first half of 2026, having created approximately 345 new job opportunities.
Ford’s entry into Québec marks a pivotal step in their strategy to localise battery raw material processing. A localised battery production line has become an essential requirement as the Inflation Reduction Act (IRA) introduces heavier tariffs on imported batteries.
Once operational, the plant will produce up to 45,000 tonnes of cathode materials each year to fuel the EV transition.
EcoPro CAM Canada LP will lead the charge in cathode active material production. Their work will focus on high-quality Nickel Cobalt Manganese (NCM) materials. Their innovative core shell gradient (CSG) technology promises enhanced performance and range for EVs.
SK On is seizing the opportunity to secure a steady supply of battery materials in North America. This aligns with both the IRA and the surging demand for EVs in the region.
EcoProBM is spreading its wings beyond Hungary. This marks their first North American venture, following a successful expansion in Pohang, Korea. This fresh move will empower the production of cathode materials supporting up to 225,000 EVs annually.
“I am very proud that Quebec has drawn the attention of big players like Ford-EcoProBM-SK On. After GM-Posco this spring, we are announcing a new major investment of 1.2 billion in the Vallée de la transition énergétique, which will allow for the construction of a new cathode active materials plant in Bécancour. We are building the foundations of an industry that will allow Quebec to become a leader in the green economy in North America and the world. With the energy transition, we have the chance to make a name for ourselves in the new economy, to become richer all while reducing global GHG emissions.”
François Legault, Premier of Quebec
This colossal investment showcases the fruitful partnership between industry giants and the Canadian government. Federal and provincial support has cemented Canada’s status as a green strategic partner, propelling it towards a more sustainable, job-rich economy. As the wheels of innovation and investment turn, the collaborative effort promises a brighter future for the transport sector.