Taiwan Firm Halts Plan for $1B Battery Plant in BC That Had Federal Support

Taiwan Firm Halts Plan for $1B Battery Plant in BC That Had Federal Support
Nelson Chang (L) Chairman of TCC Group, E-One Moli Energy (Canada), shakes hands with Prime Minister Justin Trudeau after a news conference at the lithium battery manufacturer, in Maple Ridge, B.C., on Nov. 14, 2023. The Canadian Press/Darryl Dyck
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A $1-billion lithium-ion battery cell production plant that was planned for Maple Ridge, B.C., has been shelved.

The parent company, Taiwan Cement Corp., announced construction of the Canadian plant with much fanfare last year, with Prime Minister Justin Trudeau and Premier David Eby attending and promising a combined $284.5 million in government funding.