From January 1, 2024, to December 31, 2032, the Canadian government will distribute over $ 14 billion in corporate welfare to “secure greater access” to battery cell and module production in Canada. The money was awarded to NextStar Energy. The company is based in Windsor, Ontario. Here’s the issue: when the government cuts subsidies for electric vehicles, their sales fall off a cliff. Very few people want an electric vehicle if they have to pay the full price.
Bringing You The Stories That Matter.
divergemedia.ca 