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EV supply chain

Powering
electric vehicles

Canada is the only country in the Western hemisphere with an end-to-end supply chain for electric vehicles (EV). Global companies are choosing Canada to access the materials and clean energy needed to build cathodes, anodes, batteries and parts for the North American market. If your company is looking to plug into the EV supply chain, Canada is the place to be.

Electric vehicle supply chain: Industry overview

Understanding Canada’s EV battery supply chain in 60 seconds

Mining and mineral processing

Canada has a thriving mining industry. The only country in the Americas with all the minerals needed to manufacture EV batteries, Canada is drawing major global investment.

Canada’s mining industry

Battery manufacturing

Canada is a prime location for ethically sourced minerals that battery cell manufacturers need to create clean, sustainable products.

Global companies like Stellantis and LG Energy Solutions are making major investments in electric vehicle battery manufacturing facilities in Ontario as the industry grows at a rapid pace. In Winnipeg, Manitoba, New Flyer is building fuel-cell battery electric buses, the very first to run in regular service.

Cathode and anode manufacturing

Cathodes make up approximately 51% of the total cost of an EV battery. Industry expertise, extensive trade agreements and ready access to abundant minerals combine to make Canada a cost-effective and globally connected option for cathode manufacturing.

Electric vehicle manufacturing and parts supply

Canada has a thriving automotive industry and an established vehicle supply chain, making it a natural choice for electric vehicle and parts manufacturing.

It’s drawing international investment, including Belgium’s Umicore. The company is building a $1.5 billion manufacturing facility in Ontario for cathode active battery materials and their precursor materials used in EVs.

Battery recycling

As the North American leader in battery recycling technology, Canada offers a stable source of recycled materials for new batteries.

Li-Cycle and Lithion Recycling have both developed patented processes that recover and recycle approximately 95% of the materials in an EV battery. The purity of the recycled materials is on par with freshly mined minerals, meaning that batteries can be recycled over and over again.

How we help

Invest in Canada provides personalized services to global EV and battery companies. We help identify opportunities and incentives, and connect you with the right people to support your growth plans.

Discover our services

Recent investments

Volkswagen

Type of investment
Electric vehicle battery manufacturing facility
Total invested
$7 billion
Total jobs
3,000
Source country
Germany
Location
St. Thomas, ON

Corvus Energy

Type of investment
Expansion of maritime battery manufacturing facility
Total invested
$20.8 million
Total jobs
40
Source country
Norway
Location
Richmond, BC

Umicore

Type of investment
Electric vehicle battery manufacturing facility
Total invested
$1.5 billion
Total jobs
1,000
Source country
Belgium
Location
Loyalist, ON

Cellcentric

Type of investment
Fuel stack production facility
Total jobs
70
Source country
Germany
Location
Burnaby, BC

Ford Motor Company, EcoPro BM and SK On

Type of investment
Cathode active materials production facility
Total invested
$1.2 billion
Total jobs
345
Source country
South Korea and United States
Location
Bécancour, QC

Stellantis and LG Energy Solution

Type of investment
Electric vehicle battery manufacturing facility
Total invested
$5 billion
Total jobs
2,500
Source country
Netherlands & South Korea
Location
Windsor, ON

Hexagon Purus

Type of investment
New manufacturing facility for battery packs and hydrogen storage systems
Total invested
$130.6 million
Total jobs
134
Source country
Norway
Location
Kelowna, BC

POSCO Chemical and GM

Type of investment
Cathode active material production facility
Total invested
$500 million
Total jobs
200
Source country
South Korea and United States
Location
Bécancour, QC