Quebec, federal governments invest $100 million in Lion Electric battery plant

Mar 15, 2021 | 8:43 AM

MONTREAL — The federal and Quebec governments are announcing $100 million for an electric vehicle battery plant for the Montreal-area company Lion Electric.

Prime Minister Justin Trudeau and Quebec Premier Francois Legault made the announcement today at Montreal’s downtown convention centre.

Trudeau says it’s a priority for his government to support the manufacturing sector and projects that will accelerate the electrification of the country’s transport systems.

Quebec and Ottawa will each provide $50 million while Lion Electric will put in $85 million in the project for the battery pack assembly plant in St-Jerome, Que., north of Montreal.