Canada is actively pursuing a role in the electric vehicle (EV) battery industry, offering substantial subsidies totaling tens of billions of dollars. Despite entering the competition relatively late, Canada aims to establish itself as a major player in the global EV market. A detailed examination by The Globe explores the entire EV battery supply chain, evaluating obstacles and opportunities at each stage. The country's strategic subsidies are a key component of its plan to secure a strong position in the growing battery sector. Canada's aspirations include not only contributing to the global shift towards EVs but also becoming a significant player in the global battery supply chain. The comprehensive analysis covers the entire spectrum of the supply chain, from sourcing raw materials to manufacturing and recycling, providing insights into potential challenges and areas for growth. Canada's concerted efforts demonstrate a commitment to participating in the transformative landscape of electric mobility. While the late entry may pose challenges, the substantial investments and strategic initiatives underscore Canada's determination to capitalize on the evolving opportunities in the EV battery industry.
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