Canada lures Volkswagen's new battery plant north by matching billions in subsidies offered by US
April 22, 2023
Canadian Prime Minister Justin Trudeau has announced a massive deal with German automaker Volkswagen Group to implement its first electric vehicle plant outside of Europe in the country. Canada has promised the group billions in matched subsidies offered by the US government to construct its massive new battery gigafactory north.
While it was still under the tutelage of ousted CEO Herbert Diess…