To support Vianode’s commitment, the Ontario government is providing a loan of up to $670 million subject to a definitive agreement to support the site.
The Province of British Columbia has released the final report of its independent review of the provincial CleanBC climate plan, titled Rising to the Moment: Renewing CleanBC to improve affordability, strengthen the economy and ensure...
Initially, the facility will reportedly focus on supplying battery electrodes to existing major automotive original equipment manufacturers (OEM) and downstream clients, leveraging established relationships in the global battery supply chain.
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The new facility will manufacture Magna’s eDrive systems, delivering electric propulsion with a scalable architecture for a range of battery electric vehicles.