Canada’s New Economic Engine - Modelling Canada’s EV battery supply chain potential—and how best to seize it

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Canada’s New Economic Engine - Modelling Canada’s EV battery supply chain potential—and how best to seize it

1 Nov 2022

That’s according to new modelling from Clean Energy Canada and the Trillium Network for Advanced Manufacturing, which explores how Canada can build out its battery supply chain and the economic potential of this industry.14 Across the four scenarios developed, the results are clear: the more Canada goes big on batteries, the more jobs and economic benefits await. [...] KEY OPPORTUNITIES FOR CANADA EV BATTERY CELL INTEGRATED ASSEMBLY MANUFACTURING BATTERY MATERIAL MANUFACTURING This stage is where Canada Cell manufacturing is essentially The final critical opportunity for can leverage its existing the heart and soul of the battery Canada is in building an integrated automaking expertise and supply chain and is where the battery material manufacturing facilities. [...] A highly skilled workforce Canada has the most educated workforce in the world, with 59% of Canadians aged 25 to 64 having graduated from a post-secondary institution, offering a highly skilled workforce to support the battery industry.21 12 Clean Energy Canada and Trillium / Canada’s New Economic Engine Leading battery research and innovation Canada is already a world leader when it comes to batt. [...] cell and module manufacturing, $6.6 billion related to EV assembly, and $1 billion related to EV battery Between now and 2030, Canada will need to focus its components and recycling.*14 efforts on the projects and parts of the supply chain that are most strategic. [...] And it does so $14 billion annually in a way that spreads the economic benefits across the country, to Canada’s GDP with mineral-rich areas—often in northern regions and Indigenous communities—standing to benefit alongside the traditional automaking 73,000 direct and areas in Ontario, Manitoba, and Quebec.
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Canada