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Ottawa may replace its EV mandate with a $1.5 billion fund for domestic auto manufacturing and clean tech.
Ottawa is considering scrapping its electric vehicle mandate and replacing it with a $1.5 billion investment fund to support domestic auto manufacturing, innovation in clean transportation, and worker transitions, according to sources familiar with the plan.
The move follows industry and provincial concerns over the mandate’s economic impact, though the government has not officially confirmed the shift.
Details on the fund’s structure and rollout timeline remain pending.
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Ottawa puede reemplazar su mandato EV con un fondo de $1.5 mil millones para la fabricación de automóviles domésticos y tecnología limpia.