Canada is racing to close deals for new plants to produce electric-vehicle batteries amid an increasingly heated North America-wide competition for investment in EV manufacturing.
Government negotiations with at least three companies looking to make major battery-building investments have reached a critical stage, sources familiar with the talks confirmed on Wednesday.
… As auto makers shift from gasoline-fueled cars and light-duty trucks to electric vehicles, Ottawa has promised to capitalize on Canada’s combination of natural resources and manufacturing infrastructure and expertise to be a major EV player. But its efforts are being challenged by U.S. President Joe Biden’s plan to introduce EV purchase rebates of up to $12,500, with a large chunk of that contingent on the vehicles being made in the United States.
Seems a real possibility that Canada’s auto industry will be decimated. Justin’s BFF Biden has repeatedly slapped Canada in the face since taking office. Personally I suspect Biden’s handlers just don’t give a damn about Justin or Canada and Junior knows it.
Trudeau is a petulant little China Fan Boy so I wonder if he’ll attempt a pivot to Beijing in retaliation for US protectionism. Don’t put it past Junior, he really is that ignorant and Canada’s China class will be pulling his strings. There has to be some reason the Liberals have been so reluctant to ban Huawei. Is a Huawei reprieve Justin’s way back into Xi’s good graces? (go incognito)
