Volkswagen Selects Canada for First Battery Cell Plant Outside Europe
Volkswagen has chosen Canada as the location for its first battery cell plant outside of Europe, aiming to capitalize on both Canadian and U.S. subsidies while localizing its electric vehicle (EV) production chain in North America. The decision follows a memorandum of understanding signed with Canada six months ago to secure access to essential raw […]
Canada Imposes Ban on Russian Aluminum and Steel Imports
Canada has banned the import of all Russian aluminum and steel products, aiming to cut off Moscow’s ability to fund its war against Ukraine. Finance Minister Chrystia Freeland stated, “Ukraine can and must win this war. We continue to do everything we can to cut off or limit the revenue used to fund Putin’s illegal […]