November 4, 2025
NextStar Pivots To Energy Storage Amid EV Cooldown
NextStar Energy says Windsor’s battery complex will add energy‑storage cells this month, an early sign Canada’s EV buildout is tilting toward grid demand as retail momentum cools. The move follows a year when federal purchase incentives wound down and buyers leaned harder into hybrids, leaving battery makers to chase steadier orders from utilities and commercial projects. S&P Global Mobility estimates zero‑emission vehicles captured 9.2 percent of Canadian new‑vehicle registrations in the second quarter of 2025, down from late‑2024 peaks as higher rates and affordability bit into demand. The production shift matters for supply chains tied to LG Energy Solution, and
