Stellantis makes counter-offer to Ottawa to salvage EV battery plant deal

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Stellantis makes counter-offer to Ottawa to salvage EV battery plant deal
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Stellantis has made a counter offer on federal subsidies as Ottawa scrambles to salvage a Windsor EV battery plant that is supposed to employ 2,500 people, the Star has learned.

Sources close to the negotiations, speaking confidentially in order to discuss internal deliberations, said Stellantis — parent company of Chrysler, Jeep and Fiat — has tempered its demands for more public money for its joint venture with LG Energy Solution.

But that was before U.S. President Joe Biden’s $369-billion Inflation Reduction Act, which was designed to lure companies to build clean energy and EV projects. Asked about the revised proposal that was made over the weekend, Stellantis Canada spokesperson LouAnn Gosselin would only say, “We are not commenting at this time.”

“There are 2,500 jobs at stake and it is the future of the automotive sector of our country,” said Singh. “Will the government ensure that those jobs do not end up going to the U.S. and instead we keep those jobs here in Canada and do everything possible to make this deal go forward?”“We will ensure the jobs will stay in Canada.

“What we heard everywhere was consistent. In this turmoil-filled world — post-pandemic, Russia invasion , Chinese-dominated supply chains — they all look at Ontario as a sea of calm, a stable, reliable, trusted partner,” said Fedeli.

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