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Canada’s Clean Tech Dominance Boosted with $1 Billion Lithium-ion Battery Plant

November 14, 2023 by Newsdesk

In a joint announcement, Prime Minister Justin Trudeau and Premier David Eby revealed plans for a groundbreaking lithium-ion battery cell production plant in Maple Ridge, B.C.

Costing over $1 billion, the E-One Moli facility aims to solidify Canada’s position as a global clean technology leader. Trudeau emphasized its significance, stating it will be the country’s largest factory for high-performance batteries. The B.C. government commits $80 million, with the federal government contributing up to $204.5 million.

E-One Moli, known for its innovation, will add 450 jobs, making it Maple Ridge’s largest private-sector employer. Critics argue the multimillion-dollar investment could burden taxpayers.

Want to know more? Check out the source code on CBC.ca.

Filed Under: News Tagged With: E-One Moli

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