Ontario Premier Doug Ford said Monday Canada needs to match its offer to Volkswagen for Stellantis.
Ontario Premier Doug Ford said Monday his government had offered $500 million to Stellantis for capital costs — the same it offered to Volkswagen in March for its battery plant being built two hours down the road in St. Thomas. Ont.“We’ll go toe to toe with any state down in the United States,” he said. “The only thing we can’t do is go toe to toe with the U.S. federal government. That’s the federal Canadian government’s job, and they can do it.
Stellantis and LG wanted Canada to seal the deal on an agreement that the companies said was finalized in February. That contract includes a provision that if for any reason the IRA subsidies are reduced or eliminated before the end of Canada’s deal with Volkswagen, the production subsidies provided by the government will similarly be reduced or eliminated
Ontario did not contribute to the production subsidies in the Volkswagen deal, but sometime over the winter, Canada asked Ontario to contribute more than just capital money for Stellantis.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
More money from Ontario needed to end 'stalemate' over Stellantis battery plant: fedsIndustry Minister Francois-Philippe Champagne says Ontario needs to bring more money to the table to end the 'stalemate' with Stellantis over its new electric-vehicle battery plant.
Lire la suite »
More money from Ontario needed to end 'stalemate' over Stellantis battery plant: fedsIndustry Minister Francois-Philippe Champagne says Ontario needs to bring more money to the table to end the “stalemate” with Stellantis over its new electric-vehicle battery plant.
Lire la suite »
Feds and Ontario play public blame game over Stellantis battery plant disputeThe federal and Ontario governments have resorted to finger-pointing in a high-stakes dispute over funding for the $5-billion Stellantis-LG Energy Solution battery cell plant in Windsor, Ont.
Lire la suite »
Construction stops at Windsor EV battery plant site, Stellantis says feds have 'not delivered'Stellantis has confirmed that construction has stopped at the Windsor EV battery plant site.
Lire la suite »
Stellantis stops construction of Ontario EV battery module plant over federal fundsStellantis and LG Energy Solution (LGES) on May 15 ceased some construction of its planned electric-vehicle battery factory in Windsor, Ont., as it continues to spar with the federal government over financial assistance.
Lire la suite »
Motor Mouth: Stellantis pulling out of Ontario battery plantWhy Volkswagen got $13 billion from the fed for its new battery plant in St. Thomas, and why Stellantis thinks it deserves the same
Lire la suite »