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billion) in funding to make zero-emission vehicles more affordable and to build a national network of charging stations. Among its measures is up to C$3.8 billion (US$3 billion) to implement Canada’s first Critical Minerals Strategy to capitalize on a growing need for the minerals used in everything from phones to electric cars.
The IRMA certification builds on this requirement as it encourages comprehensive, third-party assessments of mining practices while advancing a range of issues including health and safety, waste management, and compliance with local and international laws.
To meet our long-term needs, we will be building battery cell factories with our partners, each with an annual capacity of up to 20 GWh, at six locations in key markets for us: two in China, two in Europe and two in USMCA [United States-Mexico-Canada Agreement]. Both partners will build two gigafactories in China and Europe.
Valuable materials such as cobalt, nickel, lithium, and copper are then extracted and refined, removing impurities to meet quality standards for reuse. Building a robust recycling infrastructure is crucial to keep pace with the rising demand and ensure efficient, effective recycling processes.
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.” Brent Wilson is CEO of Galvanic Energy , a geoscience-driven resource exploration company.
Batteries EVs predominantly have lithium-ion batteries, though many researchers are seeking alternatives with less heavy metals. Reliance on nickel, lithium, cobalt and more makes the battery account for 40%-60% of an EVs embodied emissions. ICEs avoid this impact altogether. Emission category EV ICE Car production 3.3
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