The governments of Quebec and Canada are announcing $300 million in funding for a factory that will make components for electric vehicle batteries in Bécancour, Que., located about halfway between Montreal and Quebec City. The $600-million factory, a joint project between automaker General Motors and South Korean industrial materials maker POSCO Future M, was first…
Quebec, Ottawa Pledge $300 Million for GM Electric Car Battery Component Plant
Volkswagen Battery Factory Will Exist for 100 Years: Industry Minister
The Canadian government will be providing subsidies for years to a Volkswagen battery factory being built in Canada that’s expected to last much longer. “This facility is expected to last dozens of years,” Industry Canada Deputy Minister Simon Kennedy testified at a May 4 Senate banking committee hearing. “The facility will take a number of years…
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