Quebec’s government is stopping funds for a proposed Northvolt electric vehicle (EV) battery mega factory in the Montérégie region near Montreal.
According to Quebec’s Economy Minister Christine Fréchette, the decision was made after Northvolt Batteries North America didn’t provide an acceptable plan for the Northvolt Six plant, which was scheduled to begin producing batteries next year and ramping up to making enough for one million EVs per year.