Transport Minister Scott Brison has approved $100-million for a new company that builds and sells electric cars.
The B.M. Lions’ electric car manufacturer, BatteryLink, will get a $25-million subsidy to help build a new factory in B.F.C.’s northern communities.
The government also approved the purchase of $8 million worth of electric-vehicle parts from BatteryLink.
The company has been operating in the U.S. since 2008.
The province says the company has delivered an average of 1,000 electric vehicles annually and expects to have another 400 vehicles on the road by 2019.
B.C., however, will have to build another factory for its electric vehicle factories in Prince George.
The Liberals say they have secured a $100,000 grant from the B.P. government to cover $250 million in costs.
The state’s plan also includes $2 million in federal funding to help the B-L Lions build an assembly plant in B-G.T. in Prince Rupert.
The Liberals say the $100M will also help support the $50 million cost of the Belsize B-2, which is the first of the battery-electric cars expected to be sold in 2019.
That car will be powered by lithium-ion batteries and will be manufactured at a factory in the British Columbia oilsands region in Burnaby, about 150 kilometres (90 miles) from the northern town of B.A.L.G. B-L Lion’s CEO Steve Mowat says the plan will help the company meet its target of doubling sales of its electric vehicles to 500,000 annually.
“We’re very confident that this new investment in Belsized B-3 will be a huge boost to our business and our production capacity,” Mowats said in a statement.
Mowats says Belsizes B-4 will be the first electric vehicle to be offered in the BNW region.
In 2016, Belsization B-5, B-6 and B-7 were the first vehicles offered in BNW in the province.
BatteryLink is the second-largest car manufacturer in Bremen, Germany.
Its battery business is also part of a larger business in the Netherlands, where it has a presence in more than 10 countries, including Britain, Germany and the U to North America.