The Canadian PressTORONTO — Ottawa is expected to sign separate agreements with Volkswagen and Mercedes-Benz on Tuesday that will see the two German auto manufacturers secure access to Canadian raw materials for batteries in electric vehicles.
The two memorandums of understanding will involve securing Canada’s place in the two companies’ supply chains when it comes to building electric vehicles, according to a senior government official. Scholz hinted at the pending memorandums of understanding between Canada and the German auto manufacturers during a news conference with Trudeau in Montreal on Monday.
The agreements come one week after U.S. President Joe Biden signed a plan to provide tax credits for electric vehicles produced in North America, not only those built in the United States.
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