But as the transition to electric, and lower-emission vehicles unfolds, all five major automakers in Canada have committed billions of dollars to retool their operations to produce lower emission vehicles.
This week on Down to Business, we look at the the shift underway in the auto sector to build local, cleaner and more secure supply chains, and what this tells us about the changes happening in the world economy. Guests include François-Philippe Champagne, Minister of Innovation, Science and Industry; Kenneth Gillingham, an economist who studies energy and transportation and professor at Yale School of the Environment; and Sebastian Koper, a principal at the management consulting firm Roland Berger who works on the battery supply chain.Article content
GabeFriedz Ha - billion dollars doesn't hurt either
GabeFriedz If we can't manufacture regular vehicles why would they jump to produce EV's.
GabeFriedz Probably until the reality of the cost and limitations of range and charging kick in for the masses.. I suspect the public transit industry will do better than the auto industry when that happens.