During the question period of the last AGM, Bernard mentioned an announcement with Hydro Quebec that should have been made a few weeks ago, but which was delayed because of COVID. In the video Patrick start asking the question to Bernard at one minute twenty seconds.

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Two video with english subtitles, published on June 3, interviewing Dr Karim Zaghib discussing Hydro Quebec battery. In the first video, they are discussing their solid state battery manufacturing process.  in the second video they are talking about commercialization, saying that they are 5 years ahead and that they are aiming at going to market within one year or two, ideally producing every component in Quebec.

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About on month ago, Dr Karim Zaghib joins Investissement Quebec.

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In early February, Hydro Quebec announced it would develop batteries with Mercedes-Benz. So a link between

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HPQ and Hydro Quebec could open doors at Mercedes for HPQ.

On October 15, Mr. Zaghib told the Journal de Quebec that it would take an investment of 500 million to 1 billion to build a battery factory in Quebec.

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On the same day, Le Journal de Montreal published that the Quebec government was in discussions with Tesla for the construction of a battery plant and that Investissement Quebec was preparing to invest millions of dollars in the lithium-ion sector.

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So a link between HPQ and Hydro Quebec and Investissement Quebec could also open the doors to Tesla.