Major Canadian EV investment in Canada

Date Amount Company & Location
September 2020 $1.8 billion Ford Motor Company, Oakville, ON
October 2020 $1.5 billion Stellantis, Windsor, ON
January 2021 $1 billion General Motors, Ingersol, ON
April 2021 n/a Exro, Calgary, AB
August 2021 n/a Hexagon Purus, Kelowna, BC
September 2021 $185 million Lion Electric, Montreal, QC
October 2021 $300 million StromVolt, Quebec
February 2022 n/a Solus Advanced Materials, Granby, QC
March 2022 $5 billion Stellanis/LG Energy, Windsor ON
March 2022 $1.4 billion Honda, Alliston, ON
March 2022 $500 million General Motors/Posco Chemical Bécancour, QC
March 2022 n/a BASF, Bécancour, QC
March 2022 $50 million Magna, Chatham, ON
March 2022 $2.1 billion* Stellantis, Brampton, ON
June 2022 $60 million Dongshin Motech, Windsor, ON
July 2022 $1.5 billion Umicore N.V., Kingston, ON

*March 2022 Brampton investment figure is an estimate and includes monies earmarked for Stellantis’ Automotive Research and Development Centre expansion.