There is no deal yet to save a $5 billion battery factory for electric vehicles

Nabil Anas

Global Courant

Article content

Stellantis says there is no deal yet to save a $5 billion electric vehicle battery factory in Windsor, Ontario.

Article content

Spokeswoman LouAnn Gosselin says they have not yet received an official response to letters to the federal government.

Industry Minister François-Philippe Champagne said on Wednesday they were getting closer to a deal.

- Advertisement -

The federal government, Ontario, Stellantis and LG Energy Solution have been in tough negotiations for several weeks after the companies halted construction of their planned plant in a dispute over federal subsidies.

The negotiations are stuck between what Canada thinks is fair and affordable and what the company thinks it owes.

Industry Minister François-Philippe Champagne addresses reporters before a meeting of the liberal caucus in Ottawa, Wednesday, May 31, 2023. Photo by Sean Kilpatrick /The Canadian Press

Stellantis has threatened to move the plant from Windsor if it doesn’t get what the federal government promised in a deal reached in February.

Champagne has said it has made an offer similar to what the federal government and Ontario made to Volkswagen for an electric vehicle battery plant in St. Thomas, Ontario.

- Advertisement -

That deal could be worth $13 billion over 10 years.

— This report from The Canadian Press was first published on June 1, 2023.

‘Woke’ light assembly question on Queen’s engineering exam sparks controversy

Danielle Smith gears up for her next big fight – with Ottawa

- Advertisement -
There is no deal yet to save a $5 billion battery factory for electric vehicles

America Region News ,Next Big Thing in Public Knowledg

Share This Article
slot indoxxi ilk21 ilk21