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CP168290159 | Newsroom Ready: Minister Champagne says cost of EV subsidies worth long-term gains
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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Information
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