Ontario’s next provincial election is expected to be held in June.
There have been a rash of tie-ups and arrangements between automakers and battery manufacturers in recent months, particularly in North America as governments there — including U.S. President Joe Boden’s administration — prioritize the pivot toward clean energy vehicles and infrastructure. The auto industry is in the midst of an historical shift away from the combustion engine, a pivot that has been dominated in recent years by China and parts of Europe.
LG’s South Korean rival Samsung SDI Co. signed a memorandum of understanding with Stellantis in October to construct a plant in the U.S. that should have an annual output of around 23 gigawatt hours by the first half of 2025. Meanwhile, Panasonic Corp. is engaged in talks over the site for a new U.S. factory that would supply Tesla Inc. and potentially other EV manufacturers, Bloomberg News has reported.
In September, Ford Motor Co. and Korea’s SK Innovation Co. announced plans to spend $11.4 billion constructing an assembly plant and three battery factories in Tennessee and Kentucky.
This is where the economy is headed. We can either get ahead of it or be left behind.
oh surprise-if its not Quebec its Ontario. It's almost like the rest of the country doesn't exist
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:
Energy Energy Latest News, Energy Energy Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Executives from energy, food and banking industries invited to briefing at White House, official saysThe White House officials and Cabinet members will discuss supply chain issues surrounding Russia’s invasion of Ukraine and ways to lessen the economic shocks, a source said
Source: globeandmail - 🏆 5. / 92 Read more »
EU should step up sanctions on Russia to target its energy sector, ministers tell divided blocEU ministers have begun a week of intense diplomacy aimed at agreeing to more steps against Moscow, with the decision on whether to target Russian oil a tough and divisive one For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to him Arnoldnike93 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success⚖️ Why is no one asking Calfrac Well Services (Calgary head office) to stop their $122M revenue business in Russia? One of the last Canadian companies still operating in Russia. For years, world watchers told us that nations' economies are increasingly intertwined in a state of growing interdependency. Now, the NWO apparatchik insanely calls for sanctions against Russia. It's shooting yourself in the foot by another name. EU nations need Russia.
Source: globeandmail - 🏆 5. / 92 Read more »
Yemen Houthis attack Saudi energy facilities, refinery output hitDrone strikes hit a petroleum products distribution terminal in the Saudi region of Jizan, a natural gas plant and the Yasref refinery in the Red Sea port of Yanbu The, almost, forgotten state, forlorn, and torn, at any rate, with war, that shall not soon, abate!
Source: globeandmail - 🏆 5. / 92 Read more »