Stellantis N.V. and South Korean battery maker Samsung SDI said on Monday they plan to build a second electric vehicle battery plant in the United States. The companies said the location of the new plant is under review. Both companies signed a memorandum of understanding under its existing joint venture called StarPlus Energy, according to…
Ontario to Pay 1/3 of Incentives for Both Stellantis, VW Battery Plants
Ontario has agreed to an auto pact with the federal government, to pay not just one-third of the production incentives in a deal with Stellantis and LG Energy Solution but also for a Volkswagen battery plant. Stellantis and LG stopped construction in May on a $5-billion electric vehicle battery facility in Windsor, Ont., as they…
Feds, Stellantis Reach Deal Over Battery Plant in Windsor, Construction to Restart
Stellantis and LG Energy Solution announced Wednesday that their electric vehicle battery plant in Windsor, Ont., is back on track after reaching a “binding” financing deal with the governments of Canada and Ontario. The two companies stopped construction on the plant earlier this year as more government money was sought to match what the United…
Trudeau Defends $13.8 Billion in Subsidies for Electric Vehicle Battery Plant, Hits Back at Conservatives
Prime Minister Justin Trudeau on Friday defended the federal government’s decision to spend $13.8 billion in subsidies on a new Volkswagen battery factory in St. Thomas, Ontario, while attacking the federal Conservatives for criticizing the investment. “Unbelievably, there are still those who continue to say that there is a choice to be made between protecting the…
Cost of VW Battery Plant Subsidy Raises Questions on Necessity of Securing It
There’s nothing small about the $13 billion in subsidies that Canada has promised Volkswagen to secure the automaker’s first battery plant outside of Europe, but it remains to be seen whether the deal is enough to kick start the manufacturing sector’s future. The rising sticker shock of establishing a manufacturing base for electric vehicles is,…
Feds Resist Disclosing Government Subsidies Given to Volkswagen for New Battery Plant
The federal industry department has so far refused to disclose to a House of Commons committee how much money the Liberals have given to the European vehicle company Volkswagen for the development of a new battery plant to be built in Ontario. The contracts were supposed to be presented by the April 17 meeting of the…
LIVE 10 AM ET: Michigan House Freedom Caucus Holds Press Conference Against Corporate Interests
March 11, 2023
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battery plantChinese PartnereconomyEpochTVEpochTV LiveEVFordFreedom CaucusLive VideosmarshalMichiganMichigan HousePolicies & ImpactsUSUS NewsVideo
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Michigan State House Freedom Caucus, joined by local community members, holds a press conference at 10:00 a.m. ET on March 11 in Marshal, Michigan, to reject the Ford EV battery plant with a Chinese partner sitting on property in Marshall. …
LIVE NOW: Michigan House Freedom Caucus Holds Press Conference Against Corporate Interests
March 11, 2023
admin
battery plantChinese PartnereconomyEpochTVEpochTV LiveEVFordFreedom CaucusLive VideosmarshalMichiganMichigan HousePolicies & ImpactsUSUS NewsVideo
0 Comment
Michigan State House Freedom Caucus, joined by local community members, holds a press conference at 10:00 a.m. ET on March 11 in Marshal, Michigan, to reject the Ford EV battery plant with a Chinese partner sitting on property in Marshall. …
Michigan House Freedom Caucus Holds Press Conference Against Corporate Interests
March 11, 2023
admin
battery plantChinese PartnereconomyEpochTVEpochTV LiveEVFordFreedom CaucusLive VideosmarshalMichiganMichigan HousePolicies & ImpactsUSUS NewsVideo
0 Comment
Michigan State House Freedom Caucus, joined by local community members, holds a press conference at 10:00 a.m. ET on March 11 in Marshal, Michigan, to reject the Ford EV battery plant with a Chinese partner sitting on property in Marshall. …
GM, LG Energy Solution Considering Indiana for Fourth US Battery Plant
WASHINGTON—General Motors Co. and LG Energy Solution are considering a site in Indiana for a fourth U.S. battery cell manufacturing plant, a spokeswoman for the companies’ joint venture said on Thursday. Ultium Cells LLC “is developing a competitive business case for a potential large investment that could be located in New Carlisle, Indiana,” she said,…
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