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Event

Has Canada made a bad bet on EVs?

By The Logic
Oct 18, 2024
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It seemed like a bet that couldn’t lose. The auto industry was going electric, and if Canada played its cards right, it could be a world leader. Canada’s governments promised billions in public money to help established companies and startups alike build a domestic EV supply chain, crowned by gigafactories from the likes of Stellantis, Volkswagen and Northvolt.

The market had other ideas. Now auto companies are dialling back their plans to go electric, and would-be Canadian champions like Li-Cycle and Lion Electric are struggling. Has Canada gone all-in on a losing hand? 

The Logic’s newsroom discusses the troubled present and uncertain future of Canada’s EV strategy. 

Watch the full recording.

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#Canadian economy #electric vehicles #The Logic events

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