Future Tech

Stellantis, LGES implementing 'contingency plans' for battery plant in Canada

Tan KW
Publish date: Sat, 13 May 2023, 10:14 AM
Tan KW
0 462,239
Future Tech

OTTAWA - Automaker Stellantis and South Korea's LG Energy Solution (LGES) are implementing "contingency plans" related to a more-than C$5 billion battery plant investment plan in Canada because the federal government has not delivered on its promises, a Stellantis spokesperson said on Friday.

"As of today, the Canadian Government has not delivered on what was agreed to, therefore Stellantis and LG Energy Solution will immediately begin implementing their contingency plans," Stellantis said in a brief emailed statement.

 


  - Reuters

 

Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment