Invest Ontario welcomes transformative investment that strengthens province’s EV battery supply chain

PORT COLBORNE — Invest Ontario welcomes a transformative investment by Asahi Kasei to build Canada’s first industrial-scale electric vehicle (EV) battery separator plant in Port Colborne, Ontario, further bolstering the province’s EV battery supply chain and cementing its leadership in the global EV transition.

This expansion marks Asahi Kasei’s first major investment in Ontario, which will help the company meet the growing demand in North America for lithium-ion battery separators used in EVs, while addressing an important gap in Ontario’s EV battery supply chain.

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Rendered image of Asahi Kasei’s new lithium-ion battery separator plant in Port Colborne, Ontario

Ontario strengths in

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A global powerhouse in the manufacturing industry, Ontario boasts more than a century of automotive excellence and strengths in aerospace, advanced materials and chemicals, clean technology and computer and electronics. With its robust supply chain, global manufacturers are choosing Ontario to meet their complex business needs.

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Access a diverse and highly skilled ecosystem of innovation and talent. Operate amongst top-ranked academic institutions and leading manufacturers in biopharma, vaccines, digital health, medical technology and pharmaceutical.

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Ontario is North America’s second-most concentrated technology cluster. The world’s largest tech leaders are here to create, innovate and develop solutions to challenges in AI, robotics, high-tech manufacturing, software,  and clean technology.

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Magna’s roots in Ontario run deep, and we are excited about opening a new facility dedicated to a strategic electrification product. The Brampton facility, coupled with investment and growth in five existing Ontario facilities, allows Magna to keep up with customer demands across several product areas.

Eric Wilds

Chief Sales and Marketing Officer of Magna

Recent Investments

Rendered image of Asahi Kasei’s new lithium-ion battery separator plant in Port Colborne, Ontario
Asahi Kasei chooses Ontario to build Canada’s first EV battery separator plant

Asahi Kasei to build Canada’s first EV battery separator plant in Port Colborne, Ontario

Ontario Investment Roundup
Ontario Investment Roundup

Year after year, we have seen billions in investments in the automotive, advanced manufacturing and life sciences industries in Ontario, Canada.

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The plant, Volkswagen’s largest to date, will create up to 3,000 direct jobs and up to 30,000 indirect jobs. Once complete in 2027, the plant will produce batteries for up to one million electric vehicles per year, bolstering Canada’s domestic battery manufacturing capacity to meet the demand for electric vehicles now and into the future.

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