Ontario offers more money to Stellantis for EV battery plant, Premier Ford says

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Ontario offers more money to Stellantis for EV battery plant, Premier Ford says
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The premier says that Ontario is putting more money on the table, though he wouldn't say how much, in order to protect jobs.

ST. CATHARINES, Ont. — Ontario Premier Doug Ford says the province is offering more money in a bid to keep automaker Stellantis from pulling out of building an electric-vehicle battery plant in Windsor, Ont.

But the federal government has been pressuring Ontario to pitch in as well, saying the province also has to pay its"fair share." “This is all about saving jobs and giving people the quality of life they deserve in southwestern Ontario.”Construction at a portion of the NextStar Energy plant – a joint venture between the automaker and LG Energy Solution – was halted May 15 after the companies accused the federal government of not living up to promises to match incentives contained in the U.S. Inflation Reduction Act .

Meanwhile, the province put up $500 million for both deals, Ford previously said, and is ensuring roads and energy for the plants.“Doug Ford stepping up in a crisis is on brand. And I wouldn’t expect the premier to make a statement if he wasn’t certain we solved this,” Volpe said. “We’re back on track. Hopefully we can pick up the momentum we started with this deal.

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