The battery business is increasing to Granby

Nearly a month after asserting the opening of a Ford cathode plant in Bécancour, the Legault authorities will verify the arrival of Volta Power Options Canada in Granby this afternoon, it has been confirmed The newspaper.

Volta Power Options Canada’s majority shareholder is Volta Power Options SARL, primarily based within the tax haven of Luxembourg, in line with Quebec’s company register.

Volta Power Options Canada had been registering as a lobbyist for simply over a 12 months to acquire “financing for the development and growth of its copper sheet battery manufacturing plant in Granby.”

Dangerous $5 billion guess

In an interview with the Journal final June, Economic system Minister Pierre Fitzgibbon expressed his dedication to develop his battery sector regardless of the technological dangers.

He mentioned he was prepared to place as much as $5 billion in public funding on the desk to additional develop the battery sector filled with tasks.

“I’ve $34 billion and 107 tasks. I would like us to finish up with $10, $15, $20 billion. “I don’t have a monetary objective in thoughts, however relatively one in every of chain integration,” he summarized whereas holding his goal desk in his hand.

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