Stellantis to Receive $15 Billion for EV Battery Plant


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“The IRA fundamentally changed the landscape for battery production in North America, making it challenging to produce competitively priced, state-of-the-art batteries in Canada without an equivalent level of support from government,” Mark Stewart, Stellantis chief operating officer in North America, said in a statement. “We are pleased that the Federal government with the support of the Provincial government came back and met their commitment of leveling the playing field with the IRA.”

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