26 min

Autoline This Week #2508 - Canada Emerges As An EV Powerhouse Autoline This Week

    • Business

A year ago the future of the Canadian auto industry looked doubtful. But then GM, Ford and Stellantis announced billions of dollars in investments to make electric cars there. Moreover, Canada has all the raw materials needed to make EV batteries and electric motors, as well as a green electric grid to manufacture them. All this transformed the outlook for the Canadian auto industry from bleak to bright.

A year ago the future of the Canadian auto industry looked doubtful. But then GM, Ford and Stellantis announced billions of dollars in investments to make electric cars there. Moreover, Canada has all the raw materials needed to make EV batteries and electric motors, as well as a green electric grid to manufacture them. All this transformed the outlook for the Canadian auto industry from bleak to bright.

26 min

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