South Korea-headquartered battery makers EcoPro BM and SK On, along with Ford, plan to invest nearly $900 million in the construction of a cathode manufacturing facility in Bécancour, Québec. Production is slated to begin in the first half of 2026.
EcoPro CAM Canada LP was established by EcoPro BM this year. It will produce up to 49,604 tons of nickel cobalt manganese CAM (cathode active materials) annually at the facility. This will supply batteries for Ford’s future EV manufacture as part of its plan to localize key battery raw material processing in regions where it produces EVs.
“We’re excited to invest in this new facility to create a vertically integrated, closed-loop battery manufacturing supply chain in North America,” said Bev Goodman, President and CEO, Ford of Canada.
Construction has begun on the three-million-square-foot site, which will include a six-floor building and facilities for EcoPro CAM Canada LP research and development.