Canada’s multi-billion dollar bet on the electric vehicle market

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 92%

Business News News

Business Business Latest News,Business Business Headlines

After months of negotiations, automaker, Stellantis and battery-maker, LG Energy Solution have reached a deal

with the federal and Ontario provincial governments. It’s worth up to $15-billion in subsidies for a plant that’s being built in Windsor, Ont.

The plant is part of Canada’s push into the clean energy sector, but with a cost in the billions, it raises questions about whether this specific deal is worth the

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Meta’s Threads goes live, Canada adds 60,000 jobs, and Stellantis stalemate ends: Must-read business and investing storiesPlus, what to say if your adult kids ask for their inheritance early
Source: globeandmail - 🏆 5. / 92 Read more »