‘They see stability and calm here’: Canada looks like a good place to invest to some EV producers

The electric vehicle transition in North America kicked off nearly a decade ago with Tesla Inc. chief executive Elon Musk moving at breakneck speed, but now it’s shifting to a different phase: the slow and boring chapter in which automakers take months —  or years even — to decide where to build their EV operations.

“It’s clear that energy security, food security and supply chain resiliency is top of mind to leaders around the world,” Industry Minister François-Philippe Champagne said at a press conference on Dec. 5 in Germany, where he was meeting with Volkswagen AG and other automakers. “Canada is in many respects the answer.”

Read more at: https://financialpost.com/commodities/energy/electric-vehicles/canada-good-place-invest-ev-producers

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