US EditionQuebec auditor general investigating subsidies to embattled electric battery industry
CAPITALE-NATIONALE, QUEBEC, JUL 29 – Quebec scrutinizes $610 million in subsidies after Northvolt and Lion Electric faced bankruptcy, risking significant taxpayer losses in the electric battery sector, officials said.
- Amid scrutiny of public funds, Quebec’s Auditor General’s office is investigating millions of dollars in subsidies to the electric battery industry, as first reported July 29, 2025.
- Several major companies, including Northvolt AB, filed for bankruptcy protection in the United States, raising concerns about billions in battery industry subsidies.
- Regarding subsidies, Quebec government records show $270 million was given to Northvolt’s Swedish parent company before its European bankruptcy.
- The province lost $200 million after Lion Electric’s bankruptcy sale, and Northvolt AB warned that hundreds of millions of taxpayer dollars could be at risk.
- A spokesperson for the auditor general's office said a report is expected in the spring after signage was seen at the Northvolt Six plant in Saint-Basile-le-Grande, Quebec.
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Quebec Auditor General Investigating Subsidies to Embattled Electric Battery Industry
The office of Quebec’s auditor general says it is investigating the millions of dollars in subsidies given by the province to the electric battery industry. Major players in the sector have come under severe financial difficulties, such as vehicle maker Lion Electric and battery manufacturer Northvolt. A spokesperson for the auditor general’s office wouldn’t give details on the status of the investigation, only saying a report is expected in the…
·New York, United States
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Over $2.5 billion has been pledged to this industry in recent years.
·Montreal, Canada
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Total News Sources14
Leaning Left4Leaning Right2Center4Last UpdatedBias Distribution40% Left, 40% Center
Bias Distribution
- 40% of the sources lean Left, 40% of the sources are Center
40% Center
L 40%
C 40%
R 20%
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