I'm very pleased that you're asking the question, because Canada is really.... When I started as Minister of Industry, a number of commentators would say that this was the beginning of the end of the auto sector, because we're living in a world where we have a shift, a generation shift. We've been doing cars in the same way for 100 years, and now we're planning for the next 100 years.
There are two ways to look at that. We could have looked down, or we could have rolled up our sleeves. What we did is roll up our sleeves, and we've been able to attract, you know, generational investment, even investment in Mr. Perkins' province. You know, in Nova Scotia, Michelin has been making record investments. Your point is that now the auto sector is spread across Canada. Michelin and Nova Scotia are now also part of the larger automotive industry.
In Quebec, what we have achieved is that we have made Quebec enter into the automotive industry. We landed some of the largest investments from Ford and GM. What they're doing—which is called cathode active material—is going to serve not only the plants in Canada but also the plants in the United States, so we're putting Quebec at the centre of this new value chain that we have in North America.
We also got Northvolt to decide to invest, and Northvolt's vision is to make the greenest battery in the world. Obviously, it chose a jurisdiction that has a lot of renewable energy, close to 100%.
I would say that Canadians should be proud. The workers who are watching and our friends at Unifor and others, if you look at what we've achieved, look at that. You know, the largest gigafactory of Volkswagen outside of Germany is going to be in Canada. The largest investment in Honda's history—75 years of history—is in Canada; it's $19 billion of capital expenditure. This is a watershed moment for Canada. You're looking at companies like Stellantis, and we're going to be there next week. Stellantis has mostly completed its plant in Windsor. Windsor is never going to look the same, and Mr. Masse can testify to that. You know, it's not only an industry but also the rebirth of a city. It's giving hope. It's about opportunities, about possibilities. It's about Canada winning in the 21st century.
Think about that. Bloomberg,—not me but Bloomberg—said that Canada is leading, ahead of China, in the battery ecosystem for the next 30 years. I think that, as Canadians, we should celebrate. That's why I was saying to Mr. Perkins and others to celebrate Canada. Let's talk about possibilities. We are winning on the world stage. Five years ago, no one was talking about Canada in the electric vehicle world. Now if you go to Seoul or Tokyo, you'll hear them talking about Bécancour, Windsor, St. Thomas and Kingston. Honestly, I think that what we have achieved is seizing generational opportunities. Those who are winning are families. Those who are winning are workers. Those who are winning are rural communities, which will see a brighter future.