Canada can leverage its mining and processing expertise as well as its natural resource endowment and its world-leading environmental, social, and governance credentials.
Few months in, LFP Model 3 already commands 5% of global EV market, counts for 21% of Tesla battery capacity hitting roads–even before key patent expiry next year.
As part of its plan to become climate neutral by 2050, the EU wants to boost local production of battery cells to power clean vehicles without relying on imports, especially from China.