Ottawa nearing $300M deal with Ford Motors as part of planned electric vehicle shift: source

The federal and Ontario governments did not deny the details of the arrangement, but cautioned that negotiations were still ongoing and that contributions were subject to change. A date for the announcement has not been confirmed, officials said.

Bains, along with Ontario officials, had already been in discussions with Fiat Chrysler Automobiles before the global pandemic over a potential funding package that would encourage the firm to shift towards electric vehicle manufacturing at either its Windsor or Brampton facilities, according to one person familiar with the discussions. Those plans were said to have been temporarily shelved as COVID-19 began to spread.

Adding to those worries, Fiat Chrysler last summer cut 1,500 jobs at its Windsor facility, where it manufactures the Chrysler Pacifica minivan. The company’s Brampton assembly plant, where the Chrysler 300, Dodge Challenger and Dodge Charger are built, is also facing a tightening market as consumers opt for more fuel-efficient cars and sport-utility vehicles.

The funding for Ford would amount to roughly 30 per cent of the total planned investment by the company, well higher than the 10 per cent industry standard that is typically provided by government coffers. But some industry insiders say immense public funding will be necessary in order to reinvigorate Canada’s moribund auto sector, and to reposition it for the next generation of auto manufacturing.

Fiat Chrysler last year announced a US$4.5-billion investment to build out new and existing assembly plants in Michigan, where the company will expand production of the latest iteration of the Jeep Grand Cherokee, Ram trucks and plug-in hybrids, among other models.

Source: News Formal (newsformal.com)

Has anyone in Ottawa thought of the Grid? California's Green New Car Wreck

Is this Green? Replacing gas-powered cars with EVs just in the UK would take: -- 200% of the of cobalt currently mined on a global basis; -- 75% of the lithium currently mined; and -- 50% of the copper currently mined. Just for cars in the UK.

Mmm k.

Electric vehicles for the southern US market? Everyone I know who owns an electric vehicle here in Canada parks them during the winter.

OK cool, can they be useful first?

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