https://www.reuters.com/business/autos-transportation/canada-active-discussions-with-ev-supply-chain-companies-minister-2022-05-04/Canada is urging critical minerals producers and processors to scale up production. It has invested in EV projects through a multi-billion dollar fund set up in 2020, and last month pledged C$3.8 billion ($3 billion) over eight years to help boost the production and processing of critical minerals used for EVs.
Canada and the United States want all sales of passenger vehicles to be zero emissions by 2035.
In March, Stellantis (STLA.MI) , the parent of Jeep and Chrysler, said it would build an EV battery JV with South Korea's LG Energy Solution (373220.KS) in Windsor, across the border from Detroit, which Champagne called a "watershed moment."
The government has met with industry players to establish a strategy it hopes will make Canadian minerals, like lithium, cobalt and nickel, key to EV production in North America, according to chief executives in the sector and the minister.
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