Etiket: battery
Battery sector: “It is certain that it represents an economic risk”, recognizes the CEO of Investissement Québec
The CEO of Investissement Québec (IQ) recognizes the “economic risk” of putting more than $2.7 billion of public funds into the battery sector, but assures that he has indeed “done…
Battery sector | A lost factory, immediately replaced?
Everything seems to indicate that the German company BASF will not come to manufacture cathodes in the Bécancour industrial park. On the other hand, a manganese manufacturer is in discussions…
The battery industry at a time of economic slowdown
Investissement Québec has significantly contributed to steering the development of the battery sector, a project that its president and CEO, Guy LeBlanc, describes as “the most important since James Bay”.…
Battery sector | An unexpected bill awaits taxpayers
The massive subsidies offered to Northvolt, Volkswagen and Stellantis to convince them to build mega-battery factories in Quebec as well as Ontario could come with an unexpected bill of several…
Aid for battery factories will cost $5.8B more than projected
The Parliamentary Budget Officer estimates that the total cost of provincial and federal assistance for the manufacturing of batteries for electric vehicles in Canada will exceed government projections by $5.8…
Battery sector | A decade to recover the subsidies offered to Northvolt
It will take a little longer than expected for Quebec and Ottawa to recover the total amount of production subsidies of 4.6 billion granted to Northvolt for the construction of…
The battery sector and watering plants
The Minister of the Economy, Pierre Fitzgibbon, maintains that it would have been superfluous for his government to force companies in the battery sector to obtain supplies from Quebec suppliers,…
Potential investments of 10 billion in Quebec | After the battery, here is the power electronics
(Bromont) If the pieces of the puzzle fall into place as planned, Quebec will welcome investments of some 10 billion in the coming years in the field of electronics, particularly…
Part of the Northvolt battery factory project will be submitted to the BAPE
Part of the Northvolt battery cell factory megaproject, regarding recycling activities, will have to be evaluated by the Bureau d’audiences publique sur l’environnement (BAPE). The Swedish company confirmed Friday morning…
The next Chevrolet Bolt will use an LFP battery
The head of General Motors, Mary Barra, recently confirmed during a conference call with her shareholders that the battery of the next Chevrolet Bolt will be composed of lithium-iron-phosphate (LFP)…
No need to impose Quebec content on the battery sector, according to Fitzgibbon
The Minister of the Economy, Pierre Fitzgibbon, maintains that it would have been superfluous for his government to force companies in the battery sector to obtain supplies from Quebec suppliers,…
German BASF looks elsewhere for its battery factory
BASF’s electric vehicle battery manufacturing and recycling plant project in Bécancour, planned for 2025, is leaking. The German chemical group is now looking throughout North America to find “the best…
Justin Trudeau says he is excited about the battery industry developing in Quebec
Prime Minister Justin Trudeau finds it “extremely exciting” to see the deployment of the new Energy Transformation Valley, which brings together the cities of Bécancour, Shawinigan and Trois-Rivières, in Mauricie…
Trudeau excited by the battery industry which is taking shape in Quebec
(Trois-Rivières) Prime Minister Justin Trudeau finds it “extremely exciting” to see the deployment of the new Energy Transformation Valley, which brings together the towns of Bécancour, Shawinigan and Trois-Rivières, in…
Montérégie | Northvolt buys land where it will build its battery factory
(Carignan) The Swedish company Northvolt, which intends to build a huge vehicle battery factory in Montérégie, has acquired 18.5 million square feet of land located in McMasterville and Saint-Basile-le- Great…
Mining exploration for the battery sector at a peak in Quebec in 2022
Mining exploration for graphite, lithium and rare earth deposits reached a peak in Quebec in 2022, according to a report from the Institut de la tourisme du Québec. While spending…
Should the Quebec government put so much public funds into the battery sector?
Quebec’s new battery sector is not only a response to the growing economic interventionism of foreign governments. It is also the latest example of a Quebec state that has never…
The difficult quest for a perfect battery
Extended autonomy, instant recharge, infinite lifespan and manufacturing that respects environmental and social standards. Is this even possible? One thing is certain, it seems that it will take more than…
Riots after the death of Nahel: Élisabeth Borne presents a battery of social measures
Welcome News Death of Nahel in Nanterre Published on 10/27/2023 5:07 p.m. Video duration: 1 minute Riots after the death of Nahel: Élisabeth Borne presents a battery of social measures…
Project in Bécancour | The battery industry can do without BASF, assures Fitzgibbon
The battery sector can do without the project of the German multinational BASF in Bécancour, if the project is ever abandoned, assures the Minister of the Economy, Pierre Fitzgibbon. Posted…