Magna International Further Strengthens Ontario’s End-to-End EV Supply Chain
The government welcomed a $471 million investment by auto supplier Magna International, one of the world’s largest automotive suppliers. With $23.6 million in support from our government, this transformative investment will create more than 1,000 new well-paying jobs for workers across the province. This investment includes the opening of a brand new $265 million EV battery enclosure facility in Brampton later this year, as well as expansions to existing automotive manufacturing facilities across the province
For more information on Ontario’s EV supply chain, please click here