“We could have made much smarter decisions, probably spending less money for better results,” said an economics professor, who not only accuses the Legault government of building the battery sector “from nothing,” but also our SMEs from their employees to benefit foreign companies who are subsidized with billions of dollars. • Also read: Northvolt will … [Read more…]
While the battery sector is still “very young,” the Legault government is looking for a new head of Investissement Québec (IQ). • Also read: Battery sector: “It is certain that it represents an economic risk,” acknowledges the CEO of Investissement Québec • Also read: Investissement Québec: Two executives are leaving the state’s finance department • … [Read more…]
After billions in state aid, the battery company Northvolt is now entitled to a special agreement on local taxes. • Also read: The CEO of Northvolt is trying to calm down in the face of the slowdown in the US industry • Also read: “It is certain that it represents an economic risk,” recognizes the … [Read more…]
After Simon Thibault, who moved to General Motors (GM), Audrey-Anne Desaulniers, another battery sector employee from Investissement Québec (IQ), made the jump to the private sector, but this time in wind power, pointed out The newspaper. Last Tuesday, Audrey-Anne Desaulniers, who worked as a battery sector advisor at Investissement Québec from October 2022 to November … [Read more…]
The CEO of Investissement Québec (IQ) recognizes the “economic risk” of pouring more than $2.7 billion of public money into the battery sector, but assures that he has actually “done his homework” to all the risks understand, even if it was not the case Request a study on the subject. “It’s a damn good deal. … [Read more…]
If you’re looking for a solar panel + battery solution, you really shouldn’t miss this offer from Sunity this weekend! On the occasion of Black Friday, French is offering a complete set at an unbeatable price (see full details below): The Zendure AB1000 battery If you follow our various articles on Plus&Play solar solutions, be … [Read more…]
What amateurism on the part of the government of François Legault and his big boss in the battery sector, Pierre Fitzgibbon, the super-minister of the economy, innovation and energy and head of Investissement Québec. They decided to invest billions of dollars of public money in battery factories without first seriously examining the details of their … [Read more…]
Another relatively little-known company outside of China is looking to grab a slice of the thriving gaming market, with ASUS and Lenovo benefiting from the success of the Steam Deck just this year. This time, TerransForce launched the Handle 5, which it released in two variants, both equipped with AMD’s AMD Ryzen 7 7840U processor. … [Read more…]
More than $43.6 billion in public funds will flow to Volkswagen, Stellantis-LGES and Northvolt factories to produce batteries for electric vehicles, according to the Parliamentary Budget Officer (DPB), who estimates that this will be “a good 5, “$8 billion more than expected.” “We estimate that the total cost of government support to Northvolt, Volkswagen and … [Read more…]
Despite the influx of billions of dollars of public money into the battery sector, in two years Investissement Québec (IQ) has not produced a significant document on the various risks linked to this strategy dear to the Legault government, which experts denounce. • Also read: Quebec requests a BAPE from Northvolt, which welcomes the news … [Read more…]