An aerial view of the land being developed by Northvolt, the new EV battery plant being built by the Swedish manufacturer in Saint-Basile-le-Grand, Que., southeast of Montreal.
Swedish electric vehicle battery manufacturer Northvolt says construction of a $7-billion plant on Montreal's South Shore will proceed as planned, despite announcing on Monday its intention to lay off 1,600 employees. Electric vehicle battery manufacturer Northvolt says construction of a $7-billion plant on Montreal's South Shore will proceed as planned, despite announcing on Monday its intention to lay off 1,600 employees in Sweden.
But opposition politicians in the province are raising concerns about the future of the project and questioning what this means for the governing Coaltion Avenir Québec's massive investment in Northvolt. The Parti Québécois , for its part, is calling for an emergency debate to be held Tuesday in the National Assembly about what the company's decision to cut jobs means for Quebec.
"The CAQ has already injected $700 million of public money into this," Bouazzi said in a statement, calling the project troubled and increasingly worrisome for the public. Quebec's government pledged $2.9 billion in financing to secure the deal with Northvolt last year. Meanwhile, Ottawa committed up to $1.34 billion to build the plant and another $3 billion in incentives.In a release on Sept. 9, Northvolt said it would "maintain its commitments" for the construction of three major installations, including the Quebec plant, but would unveil a revised timetable "as well as all other actions necessary to reduce costs.
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