Canadian auto and parts manufacturers had feared earlier proposals, which would have meant the $7,500 maximum tax credit would be available only on U.S.-made EVs. The revised deal extends the credit to EVs made in...
Vic Fedeli, Ontario’s minister of economic development, job creation and trade, tells Wards the plant will be “the final piece in the puzzle” of an integrated EV supply chain in Ontario.
While industry associations welcome an expansion of financing for EV purchase subsidies and the development of battery-mineral production, more money is needed, they say.
At Ingersoll, located roughly halfway between Toronto and Detroit, GM will scale up production of BrightDrop battery-electric delivery vans in December after retooling this spring and summer. Production of the...
“It’s better…not to mandate what consumers have to buy, but to incentivize non-emissions vehicles,” says Tim Reuss, CEO of the Canadian Automobile Dealers Assn.
Ontario Premier Doug Ford notes the Windsor battery plant will have close supply-chain links with Northern Ontario producers of battery materials such as lithium and nickel.
The provincial government aims to move Ontario’s auto sector from a focus on combustion engines to building and exporting more hybrid and battery-electric vehicles, EV batteries and associated auto parts.
“We want to be a global leader with the whole (EV) ecosystem from critical minerals to automobile plants,” says Vic Fedeli, Ontario’s minister for economic development, job creation and trade.
Canada and Mexico argue the U.S. is being overly demanding about North American parts sourcing, creating a risk that some Canadian and Mexican-made autos are not covered by the USMCA when exported to the U.S., and...
Jennifer Safavian, president and CEO of Autos Drive America, which represents 12 foreign-owned automakers operating in the U.S., calls the proposed tax credit weighted toward U.S.- and UAW-built BEVs “discriminatory”...