Toyota will build its newest electric car in Ontario, Premier Dalton McGuinty announced today.
The Government of Canada and the Province of Ontario will both contribute $70.8 million, so Toyota can begin production of the electric RAV4 at its Woodstock factory.
In an announcement to workers in Woodstock this morning, McGuinty said the deal would directly protect 6,500 jobs while helping to build Ontario's reputation in the green sector.
"The RAV 4 is important for all of us," McGuinty said. "For Woodstock, it means secure jobs and for Ontario it shows our province is the place to build clean green products."
Production of the electric RAV4 in Ontario is just part of the province's plan to increase the number of electric cars on local roads, McGuinty said.
Ontario also offers consumer incentives between $5,000 and $8,500 for electric vehicles purchased or leased, with the goal of having electric vehicles represent five per cent of those registered in the province by 2020.
"It will be a cleaner, brighter and more affordable future for Ontarians," McGuinty said.
