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Atlas · Grant RecordFederal grant

PowerCo Canada Inc.

Innovation, Science and Economic Development Canada — SIF Stream3- Attraction — $700,000,000

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Amount

$700.0M

Province

ON

Type

Contribution

Agreement Number

033-2023-2024-Q1-514759

Purpose

This project will create a greenfield net-zero manufacturing facility in St. Thomas, ON. The plant will produce lithium-ion battery cells for up to one million Electric Vehicles (EV) per year.

PowerCo Canada Inc. × Innovation, Science and Economic Development Canada

2 grants totalling $13.9B

SIF Stream3- Attraction

64 grants totalling $9.5B

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