Quebec, Ottawa pledge $300 million to GM for Battery Component Plant in Quebec
• Quebec and Ottawa are providing $300 million in assistance to GM to build a battery components plant in Bécancour, Quebec.
The factory will manufacture cathode materials, a key component of the lithium-ion batteries used in electric cars. Some 200 jobs are expected to be created when the facility opens in 2025, not counting all the construction-related jobs. Premier Legault’s government is providing the companies with $152 million as a loan, but most of that loan will be forgiven; GM will not have to repay $132 million of the amount if it maintains the jobs created for 10 years.
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.
Canada, Quebec to provide about C$300 mln for GM-POSCO battery materials facilityCanada's federal government and the Quebec province will each provide about C$150 million ($112 million) for a General Motors-POSCO Chemical battery materials facility that is expected create about 200 jobs in the country, the Canadian industry ministry said on Monday.
Lire la suite »
Rivian R2 : Rivian fournit un aperçu d’un futur modèle | Actualités automobile | Auto123Rivian donne un aperçu d’un troisième modèle. Le R2 sera un VUS plus petit que le R1S, et fort probablement plus abordable. Auto123 a les détails.
Lire la suite »
Rivian R2: Rivian offers peek at future model | Car News | Auto123Rivian previews a third model. The R2 will be a smaller SUV than the R1S, and probably more affordable. Auto123 has the details.
Lire la suite »
2023 Volvo XC90 review | Car Reviews | Auto123Auto123 reviews the 2023 Volvo XC90 2023 and provides important information about this vehicle and its performance, features and functionality.
Lire la suite »
Ford EVs will be compatible with Tesla chargers | Car News | Auto123Ford's next wave of electric models will be compatible with Tesla chargers. Auto123 has the details.
Lire la suite »