Quebec, Ottawa investing $644M for construction of new Ford EV plant in Bécancour

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Quebec, Ottawa investing $644M for construction of new Ford EV plant in Bécancour
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Ottawa and Quebec are investing $644 million to build a new Ford plant in the city of Bécancour to produce the materials needed for the batteries used in its electric vehicles.

Posted: Aug 17, 2023 10:24 AM EDT | Last Updated: 1 hour ago

Estimated at over $1.2 billion, the project will create over 345 jobs. This facility, which will be located just south of Trois-Rivières about 150 kilometres east of Montreal, will be built by a consortium made up of Ford Motor Company and Korean companies EcoProBM and SK On. He lauded Ford's decision to build its plant in the small central Quebec city, which is seeking to become an EV-supply-chain hub.

"It's a big win for Canada," said Federal Innovation Minister François-Philippe Champagne in an interview.At Thursday's news conference, Champagne said that just a year ago, Quebec would not be considered a big player in fields like batteries, the environment or electric vehicles.

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