{"id":37860,"date":"2023-10-02T15:07:19","date_gmt":"2023-10-02T14:07:19","guid":{"rendered":"https:\/\/www.innovationnewsnetwork.com\/?p=37860"},"modified":"2023-10-02T15:07:19","modified_gmt":"2023-10-02T14:07:19","slug":"quebecs-green-transition-is-underway-with-new-electric-vehicle-battery-manufacturing-facility","status":"publish","type":"post","link":"https:\/\/www.innovationnewsnetwork.com\/quebecs-green-transition-is-underway-with-new-electric-vehicle-battery-manufacturing-facility\/37860\/","title":{"rendered":"Quebec\u2019s green transition is underway with new electric vehicle battery manufacturing facility"},"content":{"rendered":"
The electric vehicle battery facility will be built by Northvolt Batteries North America in Saint-Basile-le-Grand and McMasterville, Quebec.<\/p>\n
All along the electric vehicle supply chain, from mining to processing critical minerals, through building batteries, Quebec is attracting historic investments from companies all around the world.<\/p>\n
These investments are growing the economy and creating well-paying jobs for decades to come.<\/p>\n
Powered by clean electricity, the batteries produced<\/a> at the facility will be amongst the greenest batteries in the world.<\/p>\n Once fully operational, the electric vehicle battery plant will generate economic benefits equal to the value of the production incentives provided, within five to nine years.<\/p>\n It will also support tens of thousands of jobs across the country and contribute up to CA$1.6bn to GDP annually when at full capacity.<\/p>\n Peter Carlsson, co-founder and CEO of Northvolt, stated: \u201cWe established the facility with a clear vision to pioneer a sustainable model for the battery industry<\/a>.<\/p>\n