Ontario

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Rumblestiltskin@lemmy.ca

Company halts construction of $2.7B battery project in eastern Ontario (www.cbc.ca)

submitted 1 month ago by RandAlThor@lemmy.ca to c/ontario@lemmy.ca

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After breaking ground in 2023, the company building a plant to produce battery components for electric vehicles in a municipality near Kingston, Ont., says it's delaying construction of the plant citing a slowdown in EV sales.

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[–] RandAlThor@lemmy.ca 2 points 1 month ago

It's not so bad. I don't think our government gave them a lot of cash assistance up front from what I read. More like relief for start-up period.