Canada can be a Superpower in the Battery Space!This week's meeting between Prime Minister Justin Trudeau and U.S. President Joe Biden was a signal of momentum for electric vehicles that those in Canada's industry have been waiting for. Now is the time for Canadian companies, researchers and governments to seize on the U.S. and Canada agreement and become leaders in specific areas including battery development, said Flavio Volpe, president of the Automotive Parts Manufacturers' Association. "The highest added-value component in electric vehicles is the battery, the chemistry of the battery," he said.
"Canada has its own in-the-ground opportunity to be a superpower in the battery space, which will drive where some of those investments are. The risk of Canada falling behind is a Canadian risk."
Both Trudeau and Biden promised they would work together to make the U.S. and Canada "global leaders in all aspects of battery development and production," according to a news release from the prime minister's office.
The electrification of vehicles has been a priority for Biden's government. Within the last month, Biden has committed to switching the government's fleet to EVs and to setting up 500,000 charging stations across the U.S. in an effort to reduce greenhouse gas emissions.
"We need to be a key player at the table and help to work with Biden to position the North American auto industry to compete globally on EVs and their batteries." Said Trudeau.
One professor at the University of Toronto's Electric Vehicle (UTEV) research centre says Canada's electric vehicle strategy should also include keeping intellectual property and talent in Canada.
"It's also about the intangibles, the knowledge economy and actually owning intellectual property that you can collect money on licensing, scaling and so on. And that's something that Canada needs and EV Battery Tech already has!"- (ACDC).
"We need to just be very objective and evaluate the success and the metrics around innovation, not just from the obvious greenhouse gas production standpoint, but the economic benefit for the country," Trescases said.
ACDC has what our Country and the World needs! Global demand will ignite this Company to a level many never thought possible. This is how it begins!
If you were lucky enough to stumble onto this Congrats... Seeing the opportunity is half the battle! Following through is how you win the WAR!
The Green and Clean War has started and it will be a Landslide Victory IMO!
Can't Stop the Future!
Cheers
JC