Quote:
Originally Posted by bingun
Also, in yesterday's Growth Committee meeting, there was a discussion around tariffs, and Brent Harris had a typical long-winded monologue.
However, as part of this, he talks about advanced manufacturing and said -
To me, this confirms the previous rumours that someone was interested in setting up something EV-related in Lorneville.
With all the trouble tariffs are causing in the auto sector, I think this is probably no longer going anywhere, but interesting nonetheless.
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Well the rumour was related to a subsidiary of VW making battery materials for its previously announced St. Thomas, ON battery plant, so with the increased attention to EU trade, maybe it isn't all that far fetched.
EDIT:
https://lobbycanada.gc.ca/app/secure/ocl/lrs/do/vwRg?cno=378158®Id=953053
The rumour was based on past press releases and lobbying (see lobbying registration link above that clearly lists Port SJ) by Ionway, a joint venture of Volkswagen’s battery maker, PowerCo, and global technology and recycling company Umicore.