Canada can make case for EV production during Biden visit: Ont. finance minister - BNN Bloomberg

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 50%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

The finance minister of Canada’s largest province said an expected visit from U.S. President Joe Biden is an opportunity to position Ontario as a friendly hub for electric vehicle production.

Ontario Minister of Finance Peter Bethlenfalvy told BNN Bloomberg it’s “fantastic” that Biden plans to travel north on an official visit in March.

The presidential visit, Biden’s first since taking office two years ago, will be a platform to build on Ontario’s efforts to host more electric vehicle part manufacturing, Bethlenfalvy said, highlighting billions of dollars in recent funding announcements as the province’s auto sector expands its footprint in the EV rush.

“The president doesn’t have to call China or Russia for a safe, secure supply of critical minerals that will go into batteries which go into the electric vehicles which help us with emissions down the road,” he said.

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:

 /  🏆 83. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ontario badly misjudged this - cancelling ecar incentives. Ford's reputation doesn't help.

🇨🇦🇺🇸 StGeorgesPlat 🤑 $SX.CA $SXOOF Critical Metals Disruptive ⛏️ Technologies Up & Coming EV BatteryMetals Recycler 🎯 Canada Ontario Quebec Mining Hydrogen BatteryRecycling ElectricVehicles Lithium TSXv TSX OTCMarkets OTCQB OTC NASDAQ

🇨🇦🇺🇸 StGeorgesPlat 🤑 $SX.CA $SXOOF Critical Metals Disruptive ⛏️ Technologies Up & Coming EV BatteryMetals Recycler 🎯 Canada Ontario Quebec Mining Hydrogen BatteryRecycling ElectricVehicles Lithium TSXv TSX OTCMarkets OTCQB OTC NASDAQ

LOL so he is worried about the oil price after finishing his SPR? Otherwise, why now?

LOL so he is worried about the oil price after finishing his SPR? Otherwise, why now?

Singapore Singapore Latest News, Singapore Singapore Headlines