EV battery deals to cost $5.8B more than government projected: PBO report

EV battery deals to cost .8B more than government projected: PBO report

A new report from the Parliamentary Budget Officer says provincial and federal support for electric vehicle battery manufacturing in Canada will cost $5.8 billion more than previously announced government projections. The report, released Friday, analyzes the costs to governments of recent deals struck with Northvolt, Volkswagen and Stellantis-LGES to locate EV battery manufacturing facilities in … Read more