This advertisement has not loaded yet, but your article continues below.By 2030, combined investments in Quebec’s electric battery sector could reach $10 billion, LeBlanc said. Some of the industrial facilities planned for Bécancour will start operating as soon as 2025.
New battery projects are one of the reasons foreign direct investment in Quebec for the current 12-month period ending in March will “greatly exceed” last year’s $4.6 billion threshold, Leblanc said. He declined to provide a specific figure. Besides electric batteries and life sciences, priority industries include aerospace, agri-foods, aluminum, artificial intelligence, natural resources and technology, he said.
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