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.
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Automakers face 'daunting' task to meet 2032 EV rules, industry saysExplore stories from Atlantic Canada.
Read more »
Automakers face 'daunting' task to meet 2032 EV rules, industry saysAutomakers face 'daunting' government regulations to sell half of new vehicles by 2030 as electric or plug-in hybrids despite a U.S. decision to soften the...
Read more »