Ontario expects to land another EV battery plant
Ontario expects to land another major electric vehicle battery plant, its economy minister said, as Canada’s most populous province tries to capitalize on what it views as a short-lived opportunity to secure the future of its auto sector.
It has already lured commitments for major plants from Stellantis NV, Volkswagen AG and Honda Motor Co., with the help of promises of billions of dollars from government. Ontario has its eyes on three more prospects and is confident it will land at least one, said Vic Fedeli, its minister of economic development and trade.
h/t Mauser
