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Newsroom Ready: Minister Champagne says cost of EV subsidies worth long-term gains
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CP168290159 | Newsroom Ready: Minister Champagne says cost of EV subsidies worth long-term gains 
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Placeline/People
City London
State Province Ontario
Country Canada

Minister Champagne says cost of EV subsidies worth long-term gains

The parliamentary budget officer says it will take Ottawa and the Ontario government until 2043 to break even on government revenues generated from electric-vehicle battery deals with automotive giants Volkswagen and Stellantis-LG Energy Solution. Industry Minister François-Philippe Champagne noted the report does not include any potential revenue that may be generated across the supply chain, and he said the investments are crucial to maintaining Canada’s role in the automotive industry. (Sept. 12, 2023) 
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Source name: 
The Canadian Press
Unique identifier: CP168290152 
Legacy Identifier: n_PBO-Volkswagen-Stellantis20230912T1930 
Type: Video 
Duration: 1m19s 
Dimensions: 1920px × 1080px     173.66 MB 
Usage rights: FOR ONE TIME USE ONLY. NO STORAGE FOR FUTURE USE. 
Create Date: 9/12/2023 7:30:00 PM 
Display aspect ratio: 16:9 
Tags
PBO
Stellantis
Volkswagen