The Ontario government says nearly $300 million in electric vehicle subsidies it offered Ford Motor Company four years ago weren’t a waste after the automaker decided to build gas-powered trucks instead, since the new factory will still bring new jobs.
The government offered the subsidies to Ford to develop an electric vehicle plant at its Oakville facility. In April 2023, Ford announced it would convert the Oakville factory to build next-generation vehicles and expected to start building electric vehicles that would go on sale in 2025.
