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Canada To Recoup Its EV Investments: Canada to recoup investments from EV plants in 20 years, ET Auto

Canada To Recoup Its EV Investments: "We estimate that federal and provincial government tax revenues generated from the Stellantis-LGES and Volkswagen EV battery manufacturing plants over the period 2024 to 2043 will be equal to the total amount of production subsidies," Parliamentary Budget Officer Yves Giroux said. ....

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Volkswagen EV: Volkswagen cuts sales outlook as EV competition heats up, ET Auto

Volkswagen EV: "Competition is intensifying and customers are cautious," Antlitz said on a press call following half-year results, referring to the global autos market. "We need to achieve the first results of these programmes in the second half of 2023 to make us more resilient." ....

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