Innovation, Science and Economic Development Canada · Contribution program
Electric Vehicle Battery Manufacturers
The purpose of this special purpose allotment is to secure greater access to battery cell and module production in Canada to remain globally competitive in the production of electric vehicle (EV) batteries.
- Total value
- $27.7B
- Agreements
- 2
- May 2023 to Jan 2024
- Median agreement
- $13.9B
- Typical range
- $13.5B–$14.2B
- the middle half of agreements
Federal grants and contributions, agreements starting Jan 2006 to Oct 2026, each counted once at its latest amended value. Source: Treasury Board proactive disclosure, published October 11, 2026.
See every record for this program on the government’s search. How to apply: look up the program on Innovation, Science and Economic Development Canada’s website.
Who got it
Organizations with the most funding under this program.
| Recipient | Agreements | Total |
|---|---|---|
| Nextstar Energy Inc. | 1 | $14.6B |
| PowerCo Canada Inc. | 1 | $13.2B |
By year
Agreements by the year they started.
| Year | Agreements | Total |
|---|---|---|
| 2023 | 1 | $13.2B |
| 2024 | 1 | $14.6B |
By province
| Province or territory | Agreements | Total |
|---|---|---|
| Ontario | 2 | $27.7B |
By type of recipient
As the department classified the recipient.
| Recipient type | Agreements | Total |
|---|---|---|
| For-profit organizations | 2 | $27.7B |
Industries funded
Where the department recorded an industry code (NAICS). Most agreements have none.
| Industry group | Agreements | Total |
|---|---|---|
| Other electrical equipment and component manufacturing | 2 | $27.7B |
Latest agreements
| Start | Recipient | What for | Value |
|---|---|---|---|
| Jan 2024 | Nextstar Energy Inc. | Contribution | $14,556,000,000 |
| May 2023 | PowerCo Canada Inc. | Contribution | $13,153,475,083 |