There's still spark in Canada's EV, battery sector despite setbacks
A barrage of bad news hit Canada’s ambitious plans to grow its EV, battery and supply chain sectors in the latter half of 2024, but it's not all doom on the horizon.
A barrage of bad news hit Canada’s ambitious plans to grow its EV, battery and supply chain sectors in the latter half of 2024, but it's not all doom on the horizon.
Guelph, Ont.-based Linamar Corporation (LNR-T) will be investing $1.1 billion into the development and manufacturing of auto parts, particularly for electric vehicles (EVs), and development of EV batteries in Ontario.