The Canadian government will be providing subsidies for years to a Volkswagen battery factory being built in Canada that’s expected to last much longer.
“This facility is expected to last dozens of years,” Industry Canada Deputy Minister Simon Kennedy testified at a May 4 Senate banking committee hearing. “The facility will take a number of years to construct.”
“Some of this is contingent as to how long it will take to build and so on, but there will be this period of six or seven years or so where support will be provided by government. The facility is expected to last many years beyond that,” he said….