The EV industry advocates also said they would accept Ottawa easing the EV sales mandate, specifically the requirement that all new vehicles sold in Canada be zero-emission by 2035.
The company says its business strategy is evolving beyond manufacturing vehicles to include licensing its vertically integrated hardware and software stack to other OEMs, commercial fleets, and technology partners.
This investment will reportedly create 150 new jobs across the region and enable Element5 to double its production capacity, supporting Ontario’s domestic supply chain through the use of Ontario forestry products.
Under the MOU, Merkas will serve as the nonwoven's provider for GreenCore's retail ecosystem in Europe, supporting the company's attempted growth across grocery, pharmacy, and convenience retail channels.
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