Evening Update: With Stellantis deal, Ontario takes on a bigger role in pursuit of domestic EV industry


Source: theglobeandmail.com theglobeandmail.com

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Good evening, let’s start with today’s top stories: After a lengthy standoff between Ontario and auto maker Stellantis, Premier Doug Ford’s government will now take on a major share of subsidies for battery factories being built in the province while putting Ottawa and Queen’s Park into much more of a partnership in their pursuit of a domestic electric-vehicle industry. Ontario agreed to pay one-third of the costs of up to $15-billion in production subsidies for Stellantis NV and LG Energy Solution, in the deal reached this week that will resume construction on Canada’s first large-scale EV battery factory in Windsor....