Artistic Rendering @molicel.com
MAPLE RIDGE – The governments of BC and Canada are entering into a $1.05-billion partnership involving E-One Moli to establish lithium-ion battery cell production in Maple Ridge, generating 450 permanent jobs. E-One Moli will become the largest private-sector employer in Maple Ridge.
Premier David Eby emphasized, “As our province builds a stronger, cleaner economy, we open the door to immense opportunities in the private sector that value BC as a centre for innovation, investment and cutting-edge technology. The new E-one Moli advanced manufacturing plant will create hundreds of good, local jobs and continue to establish BC as a leader in building a clean-energy future.”
The Government of BC is contributing up to $80 million to E-One Moli’s Maple Ridge facility, positioning it as the cornerstone of the company’s North American production. As Western Canada’s first high-performance lithium-ion battery cell manufacturing facility, the plant will contribute to the global battery component supply chain.
“E-One Moli has been a long-time employer in Maple Ridge. This investment in the expansion of a new clean-tech manufacturing facility is an economic milestone to support job creation and growth in our community. It aligns with the city’s economic development and climate action strategies. This kind of growth and investment in businesses like E-One Moli helps to diversify our tax base and enable Maple Ridge to invest in community infrastructure. We thank the provincial and federal government for their funding and support of E-One Moli,” said Dan Ruimy, mayor of Maple Ridge.
BC’s investment leverages $970 million from the federal government, E-One Moli, and private sources. The facility will manufacture the latest generation of high-performance lithium-ion battery cells, applicable to various products such as consumer electronics, power tools, and medical devices.
BC’s investment in clean-technology manufacturing by E-One Moli solidifies the province’s position in sustainable battery-component manufacturing. Brenda Bailey, BC Minister of Jobs, Economic Development, and Innovation, emphasized the importance of investing in businesses that contribute to a cleaner future for British Columbians.
This investment follows the provincial government’s $10 million contribution to Massive Canada for a new mass timber-production facility and a $75 million contribution to AbCellera‘s $701 million biotechnology expansion in Vancouver.
“E-One Moli believes in total climate commitment as well as total care commitment and looks forward to producing a pure green battery to support the world’s energy transition,” said Nelson Chang, chairman, E-One Moli Energy (Canada) Limited and E-One Moli Quantum Energy.
As part of BC Hydro’s electrification plan, E-One Moli will be switching some of its plant from natural gas to electricity, as well as participating in the Load Attraction Program aimed at diversifying industries in BC wanting to connect to BC Hydro.
Business Examiner Staff/Submitted
