: Canada funds EV production in zero emission push #IndiaNEWS #International Ottawa, May 3 | Canadian Prime Minister Justin Trudeauannounced a new federal investment in project funding for automaker
Canada funds EV production in zero emission push #IndiaNEWS #International
Ottawa, May 3 | Canadian Prime Minister Justin Trudeauannounced a new federal investment in project funding for automaker Stellantis that will modernize assembly plants and increase the production of electric vehicles (EV).
According to a statement from Trudeaus office, the government is investing up to C9 million (3 million) into this project, reports Xinhua news agency.
Ontario province is also supporting the project with an investment of up to C3 million.
Were building a world-class Canadian auto industry for generations to come, an innovative economy, and a clean, strong future for everyone. This is what a healthy environment and a healthy economy looks like, Trudeau said.
Ontario has everything it needs to be North Americas auto manufacturing powerhouse once again, said Doug Ford, premier of Ontario, the province with the largest population in Canada.
The multi-billion dollar project from Stellantis will support plants in Windsor and Brampton, Ontario, implementing flexible vehicle platforms at both plants and increasing its production of EV.
Stellantis investment will also support the creation of a state-of-the-art Battery Pack Testing Facility for North America at the Automotive Research and Development Centre (ARDC) in Windsor, which will further secure Canadas position as a leader in EV innovation.
Activities at the ARDC are already underway, with an addition to the existing building to be complete by the end of 2023, according to the news release.
The Canadian government is putting in place a sales mandate that will ensure that 100 per cent of new light-duty vehicle sales are zero-emission vehicles (ZEV) by 2035.
Accelerating the ZEV target will support the countrys commitment to reach net-zero emissions by 2050, the statement said.
Source: IANS
The post Canada funds EV production in zero emission push appeared first on Bhaskar Live English News.
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