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Canada’s Budget 2022 calls for C$3.8B to launch Critical Minerals Strategy

Green Car Congress

billion) in funding to make zero-emission vehicles more affordable and to build a national network of charging stations. The introduction of a new 30% Critical Mineral Exploration Tax Credit for specified mineral exploration expenses incurred in Canada and renounced to flow-through share investors. This includes $1.7

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GM Back in the EV Spotlight

Green Car Congress

Noting similar challenges for other OEMs, Casey Selecman, a forecast director with AutoForecast Solutions, stated, “Everyone is up against it globally, there are looming threats of shortages for nickel, lithium, graphite and cobalt.” There is no doubt that the stakes are high, and timing is everything.

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