Tag: Investment
LiUNA construction training centre to be built in Walkerton
A new LiUNA Local 1059 training centre planned for Walkerton will provide workers and apprentices with the hands-on experience needed for careers in the skilled trades. The Ontario government announced on Wednesday that it was investing more than $6.3 million from its Skills Development Fund to support the development of the approximately $12.5-million project in […]
World Car Person of the Year — Stella Li
If you follow the electric vehicle industry, you should know who Stella Li is. She’s the second most famous person at BYD, and she has been the leader of the company outside of China for several years. She’s the company’s Executive Vice President, and she just won an award that … [continued]
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Legacy Automakers Keep Throwing Money At Their Enemies
Theoretically, legacy automakers don’t want the transition to electric vehicles to go too fast. They want to make the most money possible from existing fossil-fueled models and production lines for those models. The investments have been made — into R&D, production lines, supply chains, etc. Now automakers want to get … [continued]
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EV Ecosystem in the Philippines Boosted By $100M Support from Asian Development Bank
Country’s biggest conglomerate, the Ayala Group, gets to manage the financing package The Asian Development Bank (ADB) has signed a financing package of up to PhP583 billion ($100 million) to support Ayala Corporation’s efforts in developing an electric mobility ecosystem in the Philippines. This funding will be used to procure … [continued]
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London gets $75K, St. Thomas $4.1M from new encampment fund
Amid a flurry of splashy pre-provincial election announcements, there’s one that’s landing with a relative thud in London, the city’s miniscule share of $75 million in new shelter and affordable housing funding.