Canada’s committing tens of billions of dollars to the EV industry. Here’s a list of the planned projects so far

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Automakers such as Honda, Stellantis and LG, Volkswagen, Northvolt, General Motors and Ford have announced major EV investments in the country

Canada’s committing tens of billions of dollars to the EV industry. Here’s a list of the planned projects so farAn employee works on the line at automaker General Motors Brightdrop unit's CAMI EV Assembly in Ingersoll, Ontario.Canada is betting big on electric-vehicle production as the country hopes to establish itself a major player in the global race to build EV supply chains within the next few years.

The federal government is expected to give Honda around $2.5-billion through tax credits for clean technology manufacturing and electric vehicle supply chain investments. Ontario has committed to providing up to $2.5-billion directly – such as for capital costs – and indirectly, such as covering site servicing costs.

just outside of Montreal. The project would be the largest private-sector investment ever made in Quebec, Quebec Economy Minister Pierre Fitzgibbon said at the time. Ottawa is committing up to $4.4-billion to Northvolt, including $1.34-billion to build the plant, and providing the bulk of the production incentives.seeking a temporary injunction to stop the work. A Quebec Superior Court judge refused to grant the injunction in January.

 

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