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Friday, October 09, 2020 7:47:26 AM
The federal government also hopes the new investment will help boost home-grown mining companies that produce the nickel and other metals used to make the batteries for electric vehicles.
By tapping into its unique natural resources and using them domestically rather than shipping them abroad, Canada can play to its strengths as it helps the auto industry evolve and recover from the pandemic, the federal minister for innovation said.
“It's about leveraging the very strong and robust supply chain that we have, it's about leveraging the over 40 different academic institutions that have partnerships with the automotive industry to help with the transition to these new technologies and new solutions,” Navdeep Bains said in a telephone interview.
“And so we have a very compelling value proposition, we feel that Canada can and will be a global leader when it comes to producing batteries, and building zero emission vehicle.”
https://www.bnnbloomberg.ca/feds-ontario-to-announce-electric-vehicle-funding-for-ford-s-oakville-plant-1.1505377
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