November 24, 2023 – A $1-billion lithium-ion battery cell manufacturing facility is coming to Maple Ridge, B.C.

Constructed by battery company E-One Moli, the new facility is expected to create up to 350 new jobs while securing over 100 existing positions. The plan, says E-One, is to produce up to 135 million battery cells per year, and become the largest factory in Canada for high-performance lithium-ion battery cells.

The Government of Canada will contribute up to $204.5 million to the project through the Strategic Innovation Fund’s Net-Zero Accelerator Initiative.

The Government of British Columbia, meantime, will contribute $80 million to the construction of the facility.

The cells produced in Maple Ridge will be used to electrify devices ranging from consumer electronics and power tools to medical devices and vehicles.

E-One Moli Energy (Canada) Ltd. is a subsidiary of E-One Moli Energy Corp.

Meantime, E-One Moli Quantum Energy (Canada) Ltd.—a subsidiary of E-One Moli Energy (Canada) Ltd.—will be responsible for the facility’s operations once the project is completed.

Construction of the manufacturing facility is expected to begin in June 2024, which is expected to be fully operational in 2028.

Prime Minister Justin Trudeau visits E-One Moli Energy in Maple Ridge, B.C., on November 14, 2023. Source: E-One Moli. Photo: Lars Hagberg.