Northvolt announces 1,600 layoffs in Sweden, insists Quebec EV battery plant won’t be affected

Northvolt announces 1,600 layoffs in Sweden, insists Quebec EV battery plant won’t be affected

Electric vehicle battery manufacturer Northvolt says construction of a $7-billion plant on Montreal’s South Shore will proceed as planned, despite announcing on Monday its intention to lay off 1,600 employees in Sweden. The Swedish multinational said it plans to cut 1,000 jobs in Skellefteå, 400 in Västerås and 200 in Stockholm — about a fifth of its … Read more

Minister suggests Canada is considering tariffs on Chinese EVs following U.S. move

Minister suggests Canada is considering tariffs on Chinese EVs following U.S. move

Canada’s industry minister says Ottawa is “considering all measures” after the U.S. announced it would be hiking tariffs on Chinese electric vehicles and other related goods. François-Philippe Champagne wouldn’t rule out Canada imposing similar tariffs during an interview with CBC News Network’s Power & Politics on Friday. “It’s fair to say that everything is on the … Read more

Who benefits most from Canada’s ambitious EV targets? Maybe China

Who benefits most from Canada’s ambitious EV targets? Maybe China

Flavio Volpe, head of the Automotive Parts Manufacturers’ Association, believes the recent electric vehicle targets set out by Canada’s environment minister also carried this pointed message to Canada’s domestic auto industry: “Let them eat cake.” Volpe says he has come to this conclusion because he believes those goals, which include a national target of 100 per cent zero-emission vehicle sales by 2035, cannot be … Read more