Quebec Ends Funding for Northvolt Battery Factory

Quebec pulls plug on Northvolt battery factory

The Quebec government is ending its funding of a $7-billion electric-vehicle battery project near Montreal and trying to recoup some of its investment.

Quebec ends funding for Northvolt battery factory after losing $270M investment

The Quebec government is pulling the plug on a $7-billion electric-vehicle battery project near Montreal and trying to recoup some of its investment.

Quebec ends funding for Northvolt battery factory - Montreal

Economy Minister Christine Fréchette says the government made its decision after the company failed to produce an acceptable plan for Quebecers.

Quebec to end funding for planned Northvolt battery factory

Quebec’s government has spent $510-million on the project, losing a $270-million investment after Northvolt’s parent company filed for bankruptcy

Quebec declares Northvolt battery plant partnership dead, loses $270M investment

Quebec's Northvolt project is officially dead — and the government says it is cutting its losses and investing no further money in the company.

Quebec terminates Northvolt funding, wants to recover $510M

Quebec is pulling the plug on the Northvolt electric vehicle battery plant and will attempt to recover the $510 million it’s invested into the mega project. That’s what Quebec Minister of Economy and Energy Christine Fréchette announced Tuesday afternoon. A guaranteed loan of $240 million had been granted to the Swedish company for the purchase […]