Accelerating Electric Transportation

Newswire

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EVents

  • Drive Green Ottawa

    Drive Green Ottawa is a celebration of Zero Emissions Vehicles (ZEVs). The week-long event will demystify ZEVs through a series of events and activities that highlight electric options, opportunities, how to purchase, incentives, charging options and more.

  • EV2020VÉ Virtual Conference

    More information coming soon

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Weekly Memo

1. Good news for EVs and EV Infrastructure

Hi,

EMC’s efforts are paying off: There are good news in the fall economic statement 2020 for EVs and EV infrastructure:

  • $150 millions over 3 years for charging Infrastructure:
    • $20 M in 2021-2022
    • $65 M in 2022-2023
    • $65 M in 2023-2024
  • $287 for EV rebates:
    • $54 M in 2020-2021
    • $232 M in 2021-2022

The bulk of the green plan will apparently be announced in the big March budget… making EMC’s appearance at the finance committee even more important. We will be invited to appear in front of the finance committee.

https://www.budget.gc.ca/fes-eea/2020/report-rapport/toc-tdm-en.html

2. The Lion Electric Company and Northern Genesis Acquisition Corp. Announce Merger and Commitments for $200 Million in a PIPE

Combined Company Expected to be Listed on NYSE

More info here: https://www.businesswire.com/news/home/20201130005465/en/The-Lion-Electric-Company-and-Northern-Genesis-Acquisition-Corp.-Announce-Merger-and-Commitments-for-200-Million-in-a-PIPE-Combined-Company-Expected-to-be-Listed-on-NYSE

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