A new electricity pricing program introduced by the Ontario government will be a boon for rooftop solar, even though it was originally designed for electric vehicle owners.
The new electricity rate, known as Ultra Low Overnight (ULO) pricing, is meant to shift electricity demand from peak to off-peak hours.
Honda will build batteries for electric vehicles in Ontario with financial support from the Canadian and provincial governments under a plan to be announced this week, a source with direct knowledge of the deal told Reuters. Under the terms of the agreement with Ottawa and Ontario, Honda will build batteries, process the cathode materials needed for the batteries, and also assemble electric vehicles in Ontario.
Not much more was heard about Honda and electric cars until this week when Japanese news source Nikkei announced that Honda is contemplating a $14 billion investment to manufacture batteries and electric cars in Canada. Without confirming the report, Canadian industry minister Francois-Philippe Champagne told Canada’s Global News that it reflected the country’s growing reputation as a leader in attracting green investment in the auto industry.
n fact, the announcements by the Ford government of 4800MW in new build nuclear projects at the Bruce Nuclear site near Tiverton, and three additional new reactors at the Darlington site east of Toronto, committed Ontario to one of the largest nuclear construction programs in the world.
Northvolt, the Swedish battery manufacturer founded in 2017 by former Tesla supply chain leader Peter Carlsson, has been considering building a factory in North America for some time. Now, according to a report by The National News, the company has selected a site in Saint Basile le Grand, a community located about 25 kilometers east of Montreal, for the site of its first battery factory outside of Europe.
Ford plans to retool and transform its Oakville assembly plant in Ontario to prepare for the auto industry’s future. The facility will be renamed the Oakville EV complex to represent its role in the company better.
2023 © Wind-Works by Paul Gipe