Volkswagen, Mercedes Are in Canada’s Sights for EV Deals
- Industry minister heads to Germany amid competition with US
- Generous incentives risk luring investment away from Canada
The Mercedes-Benz logo near an automobile inside a Mercedes-Benz AG Showroom in Berlin, Germany. The Canadian government is trying to land supply-chain deals with major German automakers in the face of fierce competition from the US on electric-vehicle production.
Photographer: Krisztian Bocsi/BloombergThis article is for subscribers only.
Canadian Prime Minister Justin Trudeau’s government is trying to land supply-chain deals with major German automakers in the face of fierce competition from the US on electric-vehicle production.
Industry Minister Francois-Philippe Champagne has embarked on a week-long trip to Belgium and Germany, where he’ll attend the management conference of Volkswagen AG and the board meeting of Mercedes-Benz Group AG, among other gatherings.