Ontario Premier Doug Ford bet large on electric vehicles, spun the wheel, and four years later looks to be a big winner. Ontario (population: 15 million) attracted investors with over C$44 billion for EVs and battery manufacturing in the province. By comparison, and since U.S. President Joe Biden took office, the entire United States (population: 400 million) attracted US$123 billion.

Ontario pulled every lever it had to grab a piece of the emerging sector, and "we went from zero to almost $50 billion in four years."{ai:summary}<p>Ontario Premier Doug Ford's focus on electric vehicles has resulted in over C$44 billion in investments for EVs and battery manufacturing in the province over four years. This contrasts with the U.S., which attracted US$123 billion since President Biden took office.</p><p>The success highlights Ontario's growing role in the EV sector amid global competition. #economy</p>

Doug Ford's winning bet: EV strategy pays off for Ontario

Loading...