Video by Invest in Canada via YouTube
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As the global demand for electric vehicles (EV) and batteries increases, investors are turning to Canada, which is well on its way to becoming a world leader in battery manufacturing. When you invest in Canada’s EV battery market, you gain access to all sectors of the circular supply chain.
It starts with Canada’s mining and mineral processing sector. Canada has an abundance of critical minerals required to produce EV batteries, including lithium, cobalt, graphite, nickel, aluminum, copper and manganese. Canada is the only country in the Western Hemisphere with all the ingredients needed to manufacture EV batteries.
Canada is also part of a quickly expanding lithium-ion battery recycling market. The country is leading the way with advanced R&D programs, technology and early commercialization of battery recycling processes. Our academic and research institutions are working on cutting-edge battery research projects. Plus, Canada is home to automotive companies – from cars to buses – that assemble battery-powered electric vehicles, including GM, Ford, Stellantis, Volvo’s Nova Bus and New Flyer.
What’s more, the Government of Canada is committed to net zero greenhouse gas emissions by 2050 and has put in place programs and incentives that give global investors a competitive edge. These include innovation funds, tax and talent incentives, artificial intelligence (AI) and R&D funds, and more.
Electric vehicle investors get access to Canada’s end-to-end battery supply chain, the world’s most highly educated workforce, strong support for innovation, an inviting business climate and much more.
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Learn how we can connect your company with opportunities in this growing industry: http://ow.ly/kWCY50Fb7jg
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