Page 26 - Energy Solution News Today

HD Hyundai President Chung Ki-sun visited the Danish capital of Copenhagen recently, to participate in last Thursdays ceremony to name the worlds first methanol-powered container ship as the Laura Maersk. It was built by Hyundai Mipo Dockyard, a subsidiary of HD Hyundai.

The Canadian government will recoup its investment in about 20 years for the two electric vehicle (EV) battery plants that Volkswagen and Stellantis-LG Electric Solutions are building, the country's budgetary watchdog said on Tuesday. "We estimate that federal and provincial government tax revenues generated from the Stellantis-LGES and Volkswagen EV battery manufacturing plants over the

Sept 12 - The Canadian government will recoup its investment in about 20 years for the two electric vehicle battery plants that Volkswagen and Stellantis-LG Electric...

The Canadian government will take 20 years to recoup the combined C$28.2 billion subsidies it is offering Volkswagen and Stellantis-LG Electric Solutions to build two electric vehicle battery...

OTTAWA - The parliamentary budget officer says it will take the federal and Ontario governments until 2043 to break even on their electric-vehicle battery deals with two automotive giants.

"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. "The Parliamentary Budget Officer's analysis released today demonstrates that the Stellantis-LGES and Volkswagen investments are good deals for Canadians, the auto sector and our workers," C...

An analysis from the Parliamentary Budget Officer finds it will take the federal and Ontario governments two decades to break even on EV-battery manufacturing subsidies.

The Canadian government is expected to recover its investment in the two electric vehicle battery plants being constructed by Volkswagen and Stellantis-LG Electric Solutions.

By Divya Rajagopal and Urvi Manoj Dugar (Reuters) -The Canadian government will take 20 years to recoup the combined C$28.2 billion ($21 billion)

(Reuters) - The Canadian government will recoup its investment in about 20 years for the two electric vehicle (EV) battery plants that Volkswagen and ...