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The Volkswagen Group and the Authorities of Canada have signed a Memorandum of Understanding (MoU) underneath which they are going to examine alternatives for Canada to contribute to VW’s international and regional battery provide chains.
PowerCo, VW’s newly based battery firm, will set up a brand new liaison workplace in Canada, and can have a central function within the deliberate cooperation within the fields of battery worth creation, uncooked materials provide chains and cathode materials manufacturing. A key focus would be the provide of crucial uncooked supplies reminiscent of lithium, nickel and cobalt.
PowerCo has plans to determine a battery gigafactory in North America, and is at the moment analyzing potential manufacturing websites.
“Canada is rapidly changing into the inexperienced provider of selection for main auto corporations,” stated the Honourable François-Philippe Champagne, Minister of Innovation, Science and Trade. “By partnering with Volkswagen, Canada is strengthening its management function as a world-class automotive innovation ecosystem for clear transportation options. Canada is dedicated to constructing a powerful and dependable automotive and battery provide chain right here in North America.”
“Volkswagen has been vigorously pushing the transformation to e-mobility,” stated Volkswagen Group CEO Dr. Herbert Diess. “Working hand in hand with governments around the globe is an absolute prerequisite to fulfill our local weather targets. The provision of battery uncooked supplies and the manufacturing of precursor and cathode supplies with a low carbon footprint will permit for a quick and sustainable ramp-up of battery capability.”
“We see compliance with stringent sustainability standards as a prime precedence,” stated Volkswagen Group Board Member Thomas Schmall. “For us, the provision of energy from renewable sources and a uncooked supplies sector with mines supplying supplies conforming to the globally acknowledged environmental and social requirements are crucially necessary. That’s the reason Canada is a perfect accomplice for our e-mobility and battery technique.”
Supply: Battery Tech Information
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