‘Tip of the iceberg’: General Motors eyes more EV battery investment in Quebec

Source: ca.finance.yahoo.com ca.finance.yahoo.com

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General Motors and POSCO plan to invest more $600 million in a new chemical battery materials facility in Becancour, Que. (AP Photo/Paul Sancya, File) (ASSOCIATED PRESS) General Motors’ (GM) $600 million joint venture to build a battery materials facility in Quebec is the “tip of the iceberg” when it comes to the Detroit automaker’s plans in Canada. Speaking at the EV Innovation & Technology Conference 2024 event in Toronto on Tuesday, Sarah Goldfeder, director of government relations and corporate affairs for General Motors Canada said, “My dream is that every vehicle that General Motors makes has a piece of Canada...