Investing
Stellantis, LGES implementing ‘contingency plans’ for battery plant in Canada
© Reuters. FILE PHOTO: A Stellantis sign is seen outside the company’s headquarters in Auburn Hills, Michigan, U.S., June 10, 2021. REUTERS/Rebecca Cook/File Photo
2/2
OTTAWA (Reuters) – Automaker Stellantis and South Korea’s LG Energy Solution (LGES) are implementing “contingency plans” related to a more-than C$5 billion battery plant investment plan in Canada because the federal government has not delivered on its promises, a Stellantis spokesperson said on Friday.
“As of today, the Canadian Government has not delivered on what was agreed to, therefore Stellantis and LG Energy Solution will immediately begin implementing their contingency plans,” Stellantis said in a brief emailed statement.
Read the full article here
The One Key Factor in Making Your Scaling Strategy a Success
This Tiny Phone Can be the Perfect Tool for Business Owners on the Go
Success Isn’t About Having the Best Idea — It’s About Resilience
5 Essentials of Good Leadership
U.K. stocks higher at close of trade; Investing.com United Kingdom 100 up 0.10% By Investing.com
This All-Access Pass to Learning Is Now $20 for Black Friday
How to Create a Routine That Balances Rest and Business Success
Apple Prepares a New AI-Powered Siri to Compete With ChatGPT
A Macy’s Employee Made Accounting Errors Worth $132 Million
Factbox-How Trump can overhaul US financial regulators when he takes office By Reuters
Debt ceiling debate and its effect on the U.S. dollar
Debt ceiling default: Still no deal between parties
Stovall: If the U.S. defaults on its debt, all S&P 500 sectors will likely fall
What China's weaker-than-expected economy could mean for U.S. markets
A ‘Big Short’ investor sees financial disaster brewing in housing markets — again
-
Investing5 days agoThis All-Access Pass to Learning Is Now $20 for Black Friday
-
Passive Income5 days agoHow to Create a Routine That Balances Rest and Business Success
-
Side Hustles6 days agoApple Prepares a New AI-Powered Siri to Compete With ChatGPT
-
Side Hustles3 days agoA Macy’s Employee Made Accounting Errors Worth $132 Million
-
Investing2 days agoFactbox-How Trump can overhaul US financial regulators when he takes office By Reuters
-
Passive Income2 days ago5 Ways AI Can Accelerate Your Entrepreneurial Journey
-
Passive Income6 days agoCustomers Want More Than Just a Product — Here’s How to Keep Up
-
Side Hustles5 days agoGift the Power of Language Learning with This Limited-Time Price on Babbel