ICM is a Canadian based Lithium company.. Canada and Europe Partner Together to Achieve EV Market Dominance
A worldwide shortage of lithium could come as soon as 2025 as demand quickly ramps up. Without lithium, the ambitious assembly lines gaining momentum in regions such as Michigan, Tennessee, and Saxony, Germany, face potential standstills. In the broader context, projected lithium scarcity is forcing European and North American battery producers into mining to maintain their competitive edge.
Canada’s strategic positioning at the intersection of major North American, Canadian-European, and Asia-Pacific trade routes makes it a potential linchpin in the global EV battery market, augmented by pivotal free trade agreements like the CETA (Comprehensive Economic and Trade Agreement) between the EU and Canada