Northvolt to stay the course for $7B Quebec battery plant despite ‘strategic review’

Northvolt to stay the course for B Quebec battery plant despite ‘strategic review’

Swedish EV battery manufacturer Northvolt says construction on its $7-billion plant on Montreal’s South Shore will continue, even as the company undergoes a “strategic review” of its activities.  The review comes as global demand for electric vehicles has slowed, with both Ford and General Motors saying they would scale back their production of electric vehicles.  … 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