Battery plant construction has been stopped in a dispute over government funding. Gabriel Friedman explains what is at stake
that contains incentives to encourage an electric vehicle supply chain that some private estimates say could reach hundreds of billions of dollars by 2030.Article content
“You can put me in the skeptical camp,” said Greig Mordue, chair in advanced manufacturing policy at McMaster University, and formerly the general manager of Toyota Motor Manufacturing Canada, where he worked on strategy and external affairs. Mordue said a key difference is that many automakers are headquartered in the U.S. and companies tend to conduct critical research in proximity to their headquarters. As a result, the U.S. is likely to receive more benefits from shoring up its auto sector than would Canada, which he said is unlikely to receive the same add-on benefits.and predicted that Stellantis would demand a similar level of support.
It is also unclear if Stellantis/LG can resolve their differences with the federal government and reach a mutually agreed upon level of support. Mordue said the fact that the plant is already under construction does not mean that Stellantis is too far down the road to back out.Article contentThe real costs comes when machinery and equipment starts to be installed,” he said. “Windsor’s LG-Stellantis plant had not yet reached that stage.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Windsor mayor calls out Ottawa after Stellantis accuses feds of failing on plant dealOne of the world\u0027s biggest automakers says the federal government has not lived up to its deal to build a battery plant in Windsor, Ont.
Read more »
Windsor mayor calls out Ottawa after Stellantis accuses feds of failing on plant dealA multi\u002Dbillion dollar deal that would see one of the world’s biggest automakers build an electric\u002Dvehicle battery plant in Windsor, Ont., is now “in…
Read more »
Stellantis stops construction on Windsor, Ont., EV battery plant amid fed dispute | Globalnews.caAll levels of government were to provide financial support in the pending deal, but Stellantis now says the federal government 'has not delivered on what was agreed to.'
Read more »
Stellantis stops construction on $5-billion Windsor, Ont., EV battery plant amid fed dispute | National NewswatchNational Newswatch: Canada's most comprehensive site for political news and views. Make it a daily habit.
Read more »
Stellantis halts construction on Windsor, Ont., EV battery plant amid dispute with OttawaStellantis says Canada\u0027s government has not delivered on what was promised in deal for the EV battery plant.
Read more »