Electra Battery Materials Corp. V.ELBM

Cooperation and coordination needed.

[Skantor18]

This is why you need a cooperative effort :

As Unifor’s Dias noted in an interview with Electric Autonomy after the FCA deal, the scale of the opportunity extends beyond the assembly plants in Oakville and Windsor: “This is about putting workers back in our steel plants. This is about making batteries. This is about saying to aluminum workers in Quebec and B.C. … to lithium workers in Quebec … cobalt workers in Northern Ontario, you’re going to be a part of the solution…It is a transformative time. … We’re on the cusp of leading globally for where this incredible industry is going.”
With their role in securing Ford’s EV production commitment, the federal and Ontario governments made clear that they understand the potential that EVs offer Canada, and their role in capitalizing on this opportunity.

But to ultimately succeed will require more than an open chequebook, it will take a coordinated industrial strategy that spans the full automotive value chain and extends beyond it into batteries and even mining. This will require effective cooperation and coordination between governments and across several industrial sectors and their associations.

Together they are Team Canada’s pit crew in the global EV race. How we fare will depend on how efficiently and effectively that crew works together.

[Goatburner]

Excellent post. Thanks for that.

[Marshall]

I like the sounds of this.  However, governments will need to make foreign made batteries more expensive in order to make north america competitive in this space.  This points to more expensive cars or better batterry technology to reduce the price.  

[Skantor18]

Tesla makes batteries oversees.  General Motors, Ford and Chrysler will be making there batteries in North America.   Not sure about the rest of the market but would be interested to knowing these stats.  We will all see that buying an EV will make more sense for ourselves as well as for our children. 

[Marshall]

You can bet the North American Auto Maker lobbyists are busy promoting a competive pricing strategy to their governments.   Tesla will need to rethink its battery sources in order to not clash with these efforts.  Cheap imports will be targetted as they should.   Effective governments need to work with industry to really get this going. 

[Goatburner]

Good post Marshall. It's really interesting and exciting to see the electrification of all things automotive. Much potential here. Tesla, as important as it is, is only a small percentage of what's to come. Hyundai is a great example and will sell many many more cars than Tesla ever will. Best wishes all, and stay safe out there :-)