lenaitch
Senior Member
I'm not exactly sure the GTA, most certainly Toronto, even wants heavy industry anymore. An employer that size will probably draw workers from Belleville to Kingston and north to the Hwy 7 corridor.Quite a few jobs for little Napanee, Industrial land in the GTA is getting prohibitively expensive.
Putting NA EV production at 5M by 2020 might be low-balling things. Tesla plans to produce 20M vehicles by then, and probably a quarter of those will be for the NA market. Surely companies other than Tesla will manufacture EVs in North America.
I assume you meant 2030. People that build and, more importantly, finance large capital projects have to rely on realistic and, admittedly, conservative, market analysis. This isn't dot.com venture financing. Based on first quarter production rates, Tesla's production, worldwide, is just under 1.9Mn. That's a long way from 20 Mn.