Monday, September 20, 2021
News Ontario, Feds, Each to Invest More than $250m Toward EVs at Ford...

Ontario, Feds, Each to Invest More than $250m Toward EVs at Ford Oakville Plant

Each branch of government to put in $250 million toward Ontario-built EVs

  • More than $500 million part of $2 billion investment in Canadian EV production

  • Announcement expected by Ford, Ford, and Trudeau later today

Both the province of Ontario and the federal governments are going to be a big part of an investment into building electric Fords at the automaker’s Oakville, ON, plant. The official announcement is expected to be made by Prime Minister Justin Trudeau and Ontario Premier Doug Ford later today.

Speaking at the conclusion of contract negotiations between Ford and Unifor, who represents many autoworkers in Canada, late last month, Unifor National President Jerry Dias was asked about government contributions to go toward the five new electric models that would be built at the plant starting in 2025 if the contract was ratified. Dias said he would wait and let the governments make their own announcement, and The Canadian Press reported news of the official announcement early this morning.

Premier Ford will be at the Oakville plant with representatives from Ford to make the announcement, while Trudeau and Dias will attend virtually from Ford’s connectivity and innovation centre near Ottawa. The two governments are expected to each contribute more than $250 million, part of a total $2 billion investment into retooling the Oakville plant from building gas-powered crossovers to making yet-unannounced electric vehicles.

There are more than 3,400 workers in Oakville, and this investment is expected to help save the majority of jobs at the plant. The CP reports that the federal government hopes that the investment will help boost other Canadian industries like those mining for nickel and other metals used in EV battery production.

Trending Now

Volvo Launches Its Own Shoe In Partnership with Casca

New shoe will launch on World Car Free Day on September 22 New shoe design influenced by Volvo's Thor hammer headlight design Part...

Ford F-150 Lightning : Pre-production begins

Pre-production of Ford’s all-electric pickup is beginning Sales should begin next spring Ford is also adding jobs and investing heavily in Michigan Things seem...

Lightyear raised $110 million to fund its Solar-electric car project

  Lightyear is a spin-off of team Eindhoven, a group of students form the Netherlands that produced solar powered race cars This money came...

Vancouver Family Turns Humvee Into EeVee

Tesla battery provides electrons for emissions-free Hummer owner wanted the military vehicle without the military footprint We understand the appeal of the original military-spec...

Straight-Six and Rear-Wheel Drive: New SUV From Mazda Unveiled in 2022 ?

Mazda announced the details surrounding the planned minor overhaul of its popular CX-5 just days ago. The compact model changes somewhat on the exterior,...


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.