This bird's-eye view shows the site where the gigafactory for electric vehicle battery production by Volkswagen Group's battery company PowerCo SE will be built in St. Thomas, Ontario, Canada, on April 21, 2023.Canada's federal government and Ontario together provided up to $11.3 billion in performance incentives for a Stellantis-LG Energy Solution and C$13 billion in manufacturing tax credits and a C$700 million grant to lure the German automaker.
Canada, home to a large mining sector for minerals including lithium, nickel and cobalt, is trying to woo companies involved in allGet all the stories you need-to-know from the most powerful name in news delivered first thing every morning to your inbox
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