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NGen Canada awarding $76M to 15 zero-emission vehicle projects

Green Car Congress

In 2021, Next Generation Manufacturing Canada (NGen) launched a call for proposals to support R&D projects for zero-emission vehicle (ZEV) manufacturing, systems, components, and batteries in Canada. Lead: Cnem Corporation; Partners: Talon Metals Services Inc., Palcan Energy Corporation.

Canada 304
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Canadian company AK Motor International introduces new EV brand: Maple Majestic

Green Car Congress

Canada-based AK Motor International Corporation, an automotive intellectual property management company, is launching a new electric vehicle brand: Maple Majestic. As befits an EV from Canada, this is one of the key niche focal points as a problem to solve during Maple Majestic’s development.

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Government of Canada & Province of Ontario invest $10M to establish cobalt refinery in N. Ontario; battery-grade cobalt sulfate

Green Car Congress

The Government of Canada and the Government of Ontario are each investing $5 million in First Cobalt Corporation to accelerate domestic production of battery-grade cobalt sulfate, a required element needed to produce long-range electric vehicles (EVs).

Canada 305
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Volkswagen Group and PowerCo SE to search for gigafactory site in Canada; extending cathode agreement with Umicore to Canada

Green Car Congress

Volkswagen CEO Oliver Blume and the Canadian Minister for Innovation, Science and Industry, François-Philippe Champagne, signed an Addendum to the non-binding Memorandum of Understanding (MoU) of August this year ( earlier post ) to identify suitable sites for a cell factory in Canada. Earlier post.). million all-electric vehicles.

Canada 170
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XL Fleet going public via merger with SPAC Pivotal Investment Corporation II; expanding fleet portfolio to all-electric solutions

Green Car Congress

XL Fleet and Pivotal Investment Corporation II, a publicly traded special purpose acquisition company (SPAC), have recently entered into a definitive merger agreement. SPACs, which raise money through an IPO for the purpose of acquiring an existing company, have existed for decades, but have surged recently.

Fleet 448
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Nippon Steel to invest in Canadian coal company; steelmaking coal offtake agreement

Green Car Congress

EVR), which will be spun-off from Teck as an independent publicly-listed Canadian company and will own and operate the steelmaking coal business previously conducted by Teck. The remainder of Teck’s business will be spun-off as the independent company Teck Metals, which will focus on base metals production.

Coal 273
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Northern Graphite closes acquisition of two graphite mines; 3rd largest non-Chinese graphite company

Green Car Congress

Canada-based Northern Graphite Corporation has closed its previously announced acquisition of the producing Lac des Iles graphite mine (LDI) in Québec from a subsidiary of Imerys SA and the Okanjande graphite deposit/Okorusu processing plant in Namibia from a subsidiary of Imerys and its joint venture partner. million in cash.

Namibia 284