Canada is the only country in the Western hemisphere that has all of the minerals needed to manufacture EV batteries. This, combined with our strong R&D ecosystem, leading researchers and a strong manufacturing capacity, places Canada in a strong position to build our own supply chains for electric vehicles.
If Canada does not seize on this opportunity, it could have dire consequences. To understand how the country can build out reliable supply chains to keep our EV manufacturing capacity within the country, we spoke to four experts from across the electric vehicle industry.
- A local supply chain for electric vehicle components is necessary for Canada to become a major producer of EVs.
- The automotive industry needs to attract, train and retrain talent to usher in the next generation of the automotive workforce focused on EV production.
- Canada has a great advantage in having the critical minerals necessary for producing electric vehicles.
- Creating a local battery minerals supply chain will help Canadian companies avoid high expenses and delays.