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Atlas · Grant RecordFederal grant

PowerCo

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

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Recipient

PowerCo

Amount

$700.0M

Province

ON

Type

C

Agreement Number

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 × Innovation, Science and Economic Development Canada

3 grants totalling $14.6B

SIF Stream3- Attraction

64 grants totalling $9.0B

Related Grants

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FCA Canada Inc.$529.3MSIF Stream3- Attraction
FCA Canada Inc.$529.3MSIF Stream3- Attraction