The $5-billion battery plant destined for Windsor, Ont., is the largest single automotive investment in Canadian history and is expected to spark the country’s electric-vehicle revolution with a new supply chain and thousands of jobs.
Consumers are growing accustomed to waiting for the vehicle of their choice, while dealers and auto companies are reaping benefits from the shift away from overstocked lots, such as lower floor plan costs and reduced incentive spending. And it could be paving the way toward a new way of doing business.
The Toronto Star reports the federal government is willing to offer Ford $500 million to help retool the Oakville, Ont., plant to produce electric vehicles while Unifor maintains radio silence. Meanwhile, Ontario says it will “closely monitor” talks, and one auto forecaster says moving Ford EV production to Canada could be complicated. But, the APMA says the supply chain is ready to support EV production while Premier Doug Ford touted the province's natural resources. Live updates.