Remove Auto Industry Remove Plug Remove South Korea Remove Tax
article thumbnail

Stellantis, LGES enforcing ‘contingency plans’ for EV battery plant in Ontario

Baua Electric

OTTAWA — Stellantis and South Korea’s LG Power Resolution (LGES) are enforcing “contingency plans” homogeneous to a more-than $5-billion battery plant funding in Canada since the federal govt has no longer delivered on its guarantees, a Stellantis spokesperson stated Might 12. Thomas, Ontario.

Battery 52
article thumbnail

Stellantis, LG Power enforcing ‘contingency plans’ for EV battery plant in Canada

Baua Electric

OTTAWA — Stellantis and South Korea’s LG Power Resolution are enforcing “contingency plans” similar to a more-than $4-billion battery plant funding in Canada since the federal govt has now not delivered on its guarantees, a Stellantis spokesperson stated. billion ($1.1 Thomas, Ontario.

Canada 52
article thumbnail

VW Joke, Kia EV6 Details – EV Week in Review: March 23-30

EV Adoption

The EV6 will be produced in South Korea and go on-sale in select global markets starting from the second half of 2021, with online reservations beginning from March 30 in some markets. According to the Asian auto industry gurus at ZoZo Go , it’s the strongest product debut in the history of four-wheeled vehicles.

Kia 52
article thumbnail

GM Says Chevrolet Volt Won't 'Pay the Rent' | Autopia from Wired.com

Tony Karrer Delicious EVdriven

"It is unreasonable to expect the Volt and any similar new technology to be immediately profitable when other technologies that started with a price premium, such as the Toyota Prius, became wild successes," said Chelsea Sexton, an advisory board member of Plug-In America. Engineering proptypes enjoy a tax break.

Volt 41