Stellantis EV battery plant could cost Canada $19 billion in subsidies
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The price tag may reach as much as $19 billion over a decade, far exceeding the $13 billion promised to Volkswagen
Author of the article:
Bloomberg News
Brian Platt and Gabrielle Coppola
Published May 31, 2023 • Last updated 1 day ago • 3 minute read
Prime Justin Trudeau speaks at a Stellantis facility in Windsor, Ont., last year. Photo by Dan Janisse/Windsor Star
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Stellantis NV is likely to receive more in subsidies for a new electric-vehicle battery plant in Canada than the $13 billion Volkswagen AG extracted for a…
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The Canadian Press – May 25, 2023 / 11:06 am | Stories: 428570
Photo: The Canadian Press
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[1/2] A Google logo is displayed at the entrance to the internet based company’s offices in Toronto, Ontario, Canada September 9, 2018. REUTERS/Chris Helgren
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Photo: The Canadian Press
FILE – The OpenAI logo is seen on a mobile phone in front of a computer screen displaying output from ChatGPT, March 21, 2023, in Boston. The head of the artificial intelligence company that makes ChatGPT is set to testify to Congress as lawmakers call for new rules to guide the rapid development of AI technology. OpenAI CEO Sam Altman is scheduled to speak at a Senate hearing Tuesday, May 16. (AP Photo/Michael Dwyer, File)
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