Canada’s largest province has agreed to pay for a third of the subsidy package for a Stellantis NV electric-vehicle battery plant, but there’s still no deal in place to resume construction on the factory.The carmaker has been locked in negotiations with Prime Minister Justin Trudeau’s government over subsidies for the 45 gigawatt-hour plant in Windsor, Ontario, across the border from Detroit. Last month, it halted work on the site pending a final agreement on public funding.
Ontario Premier Doug Ford confirmed his province would help pay for the subsidy in a news conference on Thursday. “We’re in for one third of the cost,” he told reporters.
Doug Ford speaks at a Stellantis facility in Windsor, Ontario on May 2, 2022. Photographer: Emily Elconin/Bloomberg
That promise will come with a hefty price tag for the province, as the package for Stellantis is expected to exceed the C$13 billion ($9.7 billion) deal that Canada signed with Volkswagen AG this year for a similar plant nearby.
Earlier Thursday, the maker of Chrysler, Dodge and Jeep vehicles issued a statement denying a Toronto Star newspaper
