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Atlas · Grant RecordFederal grant

PowerCo Canada Inc.

Electric Vehicle Battery Manufacturers — Innovation, Science and Economic Development Canada — $13,153,475,083

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Amount

$13.2B

Province

ON

Type

Contribution

Agreement Number

033-2023-2024-Q1-515483

Purpose

Secure greater access to battery cell and module production in Canada to remain globally competitive in the production of electric vehicle (EV) batteries.

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

2 grants totalling $13.9B

Electric Vehicle Battery Manufacturers

2 grants totalling $27.7B

Related Grants

RecipientAmountProgram
NEXTSTAR ENERGY INC.$14.6BElectric Vehicle Battery Manufacturers

Department

Innovation, Science and Economic Development Canada →

Program

Electric Vehicle Battery Manufacturers →

Recipient Profile

PowerCo Canada Inc. →