Ottawa Seeking Buyer for Quebec Battery Plant as Parent Company Goes Under
The parent company had filed for bankruptcy protection in the United States in November. The company said at the time the Quebec plant would still go ahead
Ottawa is looking for a buyer to take over a large electric vehicle battery plant project in Quebec after its Swedish parent company filed for bankruptcy, Industry Minister François-Philippe Champagne said.
“We’re having discussions in the background to see if we can find a party that is interested in taking over the factory,” Champagne said during an unrelated press conference in Ottawa on March 12. ---More...
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