Critical EV battery investment helps secure Canada's auto future [Yahoo! Finance]
Ford Motor Company (F)
Last ford motor company earnings: 4/28 04:09 pm
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Source: Yahoo! Finance
will further bolster Canada's auto sector and help secure and grow jobs across the value chain. The projected $15 billion investment to assemble new electric vehicles, build a new battery cell plant in Alliston, Ontario alongside additional joint venture battery component and material facilities in Ontario is expected to create an estimated 1,000 new, direct jobs. "This EV transition is an unstoppable reality and staking Canada's claim and the jobs that go with it is only possible with the government investment and industrial strategy that Unifor has long called for," said Unifor National President Lana Payne . "It is paramount however that government investment comes with guarantees of good paying jobs and transition supports for workers, and that workers' rights to organize are fully respected." Today's announcement by Honda marks the single, largest investment in Canada's auto sector, following a string of other record-breaking announcements since 2020, when Unifor negotiated
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News
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F
Earnings
- 4/24/24 - Beat
F
Sec Filings
- 4/25/24 - Form 10-Q
- 4/25/24 - Form S-8
- 4/25/24 - Form S-8
- F's page on the SEC website