Battery maker gets almost $17 million from Ontario
The grant to Electrovaya will help the company bring batteries to market for the electric and plug-in hybrid vehicles.
McGuinty has already committed to providing rebates of up to $10,000 to consumers who purchase the vehicles.
The move to electric cars has been slow to date but is now accelerating, he told a crowd at Electrovaya.
"We've turned a corner and now the electric car has become, well, inevitable," he said. "And the race is on."
The Mississauga plant grant is expected to create 240 new jobs and retain another 50 jobs.
The company has already signed deals with automakers in Europe, Asia and North America.
"There are at least 12 major manufacturers now working to produce an electric car.... We want Ontario to be part of that," McGuinty said. "Our goal is to have one in every 20 cars on the road to be electric by 2020."
A group of protesters, unhappy with government plans to build a gas-fired electricity plant in the area, formed a quiet picket line in front of Electrovaya.
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Power bill cut for 22m Thailand houses
BANGKOK - The Thailand cabinet has formally approved energy authorities' decision to either waive or cut electricity charges for 22 million households where people are working at home because of the coronavirus disease.
Energy Minister Sontirat Sontijirawong said after the cabinet meeting on Tuesday that the ministers acknowledged the step taken by from the Energy Regulatory Commission, the Electricity Generating Authority of Thailand, the Metropolitan Electricity Authority and the Provincial Electricity Authority.
The measure would be valid for three months, from March to May, and cover 22 million households. It would cost the state 23.68 billion baht in lost revenue, he said.
