Canada’s multi-billion dollar bet on the electric vehicle market

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 92%

Energy Energy Headlines News

Energy Energy Latest News,Energy Energy Headlines

After months of negotiations, automaker, Stellantis and battery-maker, LG Energy Solution have reached a deal

with the federal and Ontario provincial governments. It’s worth up to $15-billion in subsidies for a plant that’s being built in Windsor, Ont.

The plant is part of Canada’s push into the clean energy sector, but with a cost in the billions, it raises questions about whether this specific deal is worth the

 

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

 /  🏆 5. in ENERGY

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.

Biden is off to Windsor Castle to have tea with King Charles and promote clean energyBiden and Charles will use their visit to bring attention to climate issues, hosting a forum that will focus on how to encourage private companies to engage in more clean energy efforts, specifically in developing economies.
Source: CTVNews - 🏆 1. / 99 Read more »

U.S. FDA asked to probe Prime energy drink created by Logan Paul, KSI - National | Globalnews.caU.S. Sen. Chuck Schumer says Prime has become an in-demand drink for children and teenagers and contains more caffeine than many other products with the stimulant.
Source: GlobalNational - 🏆 81. / 51 Read more »

Ford government doubles down on nuclear, natural gas in new energy planThe plan seeks to increase the province’s power generation capacity, while minimizing the costs associated with building out the grid — but some are taking issue with the Ford administration’s commitment to natural gas and new nuclear generation onpoli
Source: iPoliticsCA - 🏆 36. / 63 Read more »

Alberta’s Minster of the Environment tasked with prioritizing oil sands cleanupEmissions reduction and helping the energy sector thrive are among the priorities outlined in mandates for the province’s new ministers of energy, environment
Source: globeandmail - 🏆 5. / 92 Read more »