Remove Auto Industry Remove Batteries Remove Canada Remove Tax Credit
article thumbnail

Stellantis stops building of Canada EV battery module plant over federal price range

Baua Electric

‘WE CONTINUE TO NEGOTIATE’ A spokesperson for Champagne stated Friday the “auto industry is crucial to the Canadian economy and to the hundreds of thousands of Canadian workers.” Canada’s trade in with Volkswagen for a battery gigafactory in St. The deliberate St. “The U.S.

Canada 52
article thumbnail

Stellantis, LG Power enforcing ‘contingency plans’ for EV battery plant in Canada

Baua Electric

OTTAWA — Stellantis and South Korea’s LG Power Resolution are enforcing “contingency plans” similar to a more-than $4-billion battery plant funding in Canada since the federal govt has now not delivered on its guarantees, a Stellantis spokesperson stated. billion ($1.1 billion ($1.1

Canada 52
article thumbnail

Stellantis, LGES enforcing ‘contingency plans’ for EV battery plant in Ontario

Baua Electric

OTTAWA — Stellantis and South Korea’s LG Power Resolution (LGES) are enforcing “contingency plans” homogeneous to a more-than $5-billion battery plant funding in Canada since the federal govt has no longer delivered on its guarantees, a Stellantis spokesperson stated Might 12.

article thumbnail

Tesla bull calls battery cost declines “good deflation” that could boost EV sales

Teslarati

Longtime Tesla bull ARK invest recently identified battery cost declines as a form of “good deflation” that could lead to a boost in EV sales. A few years ago, Nissan announced that the 2016 Leaf SV and SL variants would come standard with its 30kWh battery pack for an EPA-rated 107 miles of range. Credit: Manheim Index ).

Sale 145
article thumbnail

Stellantis stops building of Ontario EV battery module plant over federal budget

Baua Electric

Stellantis and LG Power Resolution (LGES) on Would possibly 15 ceased some building of its deliberate electric-vehicle battery manufacturing unit in Windsor, Ont., Effective immediately, all construction related to the battery module production on the Windsor site has stopped,” Stellantis mentioned in a commentary Monday. Thomas, Ont.,

article thumbnail

Tesla Giga Canada makes sense: CN Minister emphasizes auto industry’s new “supplier of choice” [Opinion]

Teslarati

Tesla Giga Canada is starting to make more sense. Musk teased that Canada could be a potential location. Just last week, Canada’s Minister of Innovation, Science, and Industry François-Philippe Champagne visited Tesla’s Markham facility to talk to Tesla.

Canada 98
article thumbnail

Third Panasonic EV battery plant in the US is still possible 

Teslarati

During CES 2024, Panasonic Energy of North America’s president Allan Swan said the Japanese company is still planning to build a third electric vehicle (EV) battery plant in the United States. Swan mentioned that Panasonic was considering a facility in the United States because it was “more incentivized in America than in Canada.”