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Canada’s electric vehicle strategy has failed, and there are lessons to learn

May 12, 2025
Source: theglobeandmail.com theglobeandmail.com
News Snapshot:
Open this photo in gallery: Today EV and automotive factories rely predominantly on automation and robotics, not workers. Former prime minister Justin Trudeau attends a news conference in St. Thomas, Ont., on April 21, 2023.CARLOS OSORIO/Reuters Jim Hinton is an intellectual-property lawyer and patent and trademark agent with Own Innovation. We must face an uncomfortable truth: Canada’s automotive and EV manufacturing strategy, touted as a generational opportunity to drive economic growth, jobs and environmental leadership, has failed quickly and dramatically. The federal and Quebec governments made a bad $4.6-billion dollar bet on Northvolt, a Swedish EV battery manufacturer, which has...
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Tags: automation | Automotive | bankruptcy | battery | BYD | Canada | China | Dollar | Economy | education | electric vehicle | EV | financing | government | HERE | innovation | intellectual property | investment | IP | IT | Korea | management | manufacturer | manufacturing | news

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