Electrovaya Inc (ELVA)

[MFH55]

Canada announces $2.75 billion investment in zero-emissions buses and charging infrastructure. The recently announced investment from the Government of Canada includes zero-emissions public transit and school buses. The full $2.75 billion will be funded over the next five years starting in 2021. The Government of Canada expects the investment to promote jobs and economic recovery in a net-zero emissions future. The $2.75 billion is part of an an eight-year, public transit investment of $14.9 billion introduced by Canadian Prime Minister Justin Trudeau last month. The Government of Canada believes the investment in zero-emissions will create more lucrative jobs in Canada’s growing EV manufacturing industry..