Taiwanese-owned E-One Moli plans a $1B plant expansion in Maple Ridge, Canada, for niche battery markets, including marine and high-end electric vehicles.

Taiwanese-owned E-One Moli plans a $1B plant expansion in Maple Ridge, Canada, this winter, focusing on niche markets such as rechargeable batteries for marine and high-end electric vehicles. The company's Molicel battery cells are similar to those found in Tesla vehicles. Despite the smaller scale of B.C. 's battery manufacturing sector compared to Eastern Canada's gigafactories, it has developed expertise in specific niches.

July 20, 2024
6 Articles