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Canada: Federal and Ontario governments provide up to CAD 15 billion in incentives to the Stellantis-LGES joint venture

Description

On 6 July 2023, the government of Canada announced the provision of up to CAD 10 billion (USD 7.58 billion) in subsidies to Stellantis-LG Energy Solutions' (LGES) EV battery cell manufacturing plant. ...

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Intervention Details

Intervention Type

State aid, unspecified

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

06 Jul 2023

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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