Canada, Ontario governments put nearly $1B toward EV battery parts plant

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KINGSTON, Ont. — The federal and Ontario governments are announcing today that they are putting nearly $1 billion combined into an electric vehicle battery component plant in eastern Ontario. The up to $2.

KINGSTON, Ont. — The federal and Ontario governments are announcing today that they are putting nearly $1 billion combined into an electric vehicle battery component plant in eastern Ontario.

Government ministers are announcing today that Ottawa is set to put $551.3 million toward the project and Ontario is set to spend up to $424.6 million in capital costs.

 

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Canada, Ontario governments put nearly $1B toward EV battery parts plantKINGSTON, Ont. — The federal and Ontario governments are announcing today that they are putting nearly $1 billion combined into an electric vehicle battery component plant in eastern Ontario. The up to $2.
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