Raw materials

Canada places second in BloombergNEF’s global battery supply chain ranking, credited with strengths in raw materials, ESG factors and industrial infrastructure.

Since supply chain disruptions caused by the pandemic and U.S.–China trade war, Korea has been working with Canada to source core raw materials for EV batteries.

A recent article from Automotive News Canada states that electric vehicles (EVs) made in Canada will indeed qualify for U.S. consumer tax credits under a new U.S. bill.

LG Energy Solution (LGES) and Stellantis have partnered to open Ontario, Canada’s first major electric vehicle (EV) battery plant.