Ford is making a substantial investment in the Canadian electric vehicle (EV) industry by injecting $890 million USD into the construction of an EV battery materials plant. The investment is a collaboration involving EcoProBM, SK On, and Ford, aimed at establishing a cathode manufacturing facility in Bécancour, Québec. The overall investment amounts to approximately $1.2 billion CAD.
This facility, operated by EcoPro CAM Canada LP, is set to generate around 345 new job opportunities and is scheduled to commence production in the first half of 2026. It will focus on producing cathode active materials, specifically high-quality Nickel Cobalt Manganese (NCM), which are crucial components of rechargeable batteries intended for Ford’s future electric vehicles. The unique core shell gradient (CSG) technology developed by EcoPro will contribute to enhancing the performance levels and extending the range of these EV batteries.
Once operational, the plant will have the capacity to produce up to 45,000 metric tonnes of cathode active materials per year. This strategic move represents Ford’s initial investment in Québec and aligns with their strategy to localize the processing of vital battery raw materials in regions where EV production is concentrated.
Bev Goodman, the President and CEO of Ford of Canada, expressed enthusiasm about this investment, highlighting Ford’s rich history in serving the Canadian market and the company’s commitment to creating a self-sustaining battery manufacturing supply chain within North America. This initiative is poised to facilitate greater accessibility to electric vehicles for a wide demographic.
Construction has already begun on the massive 280,000 square-meter site, featuring a six-floor building that will accommodate various roles, from engineers and sales professionals to co-op positions for local students. EcoPro CAM Canada LP will also engage in research and development to enhance battery safety, performance, productivity, and environmental sustainability in the manufacturing process.
The investment reflects the collaborative efforts of Ford, EcoProBM, and SK On, with EcoProBM overseeing the daily operations of the facility. This joint venture is subject to closing conditions and regulatory approvals, marking a significant step toward creating a stable supply of battery raw materials in North America.
For SK On, a South Korean battery manufacturer, this investment is part of its strategy to establish a secure battery supply chain in the growing North American EV market. With two battery plants already in operation and four more in progress in collaboration with partners, SK On aims to lead the region’s transition to electric vehicles.
EcoProBM, on the other hand, views the Québec facility as an opportunity to expand its presence in North America, following its successful entry into the Hungarian market. The facility is expected to become a key player in producing cathode materials, supporting the annual production of up to 225,000 electric vehicles. EcoProBM’s expansion reflects its commitment to advancing cathode material technology and contributing to the local economy.
The investment also received substantial support from the Canadian federal and provincial governments. François-Philippe Champagne, Minister of Innovation, Science and Industry, highlighted the importance of Canada’s role as a strategic partner in the green automotive industry. Québec Premier François Legault echoed this sentiment, emphasizing the state’s position as a burgeoning hub for the electric vehicle supply chain and an emerging leader in the global green economy. This investment not only promises economic growth but also aligns with environmental sustainability goals.
