Japan, Canada to develop North American EV battery supply chains

Japan and Canada have reached an agreement to develop supply chains for electric vehicles in Canada. The deal will involve extracting and processing minerals, as well as battery production. The Canadian government will provide subsidies and support to increase supply capacity. The partnership aims to strengthen Japan's economic security and boost sales of Japanese electric vehicles in North America.

Source: Link

FAQ for Japan and Canada EV Battery Supply Chains

Q: What is the partnership between Japan and Canada regarding EV battery supply chains?

A: Japan and Canada have formed a partnership to develop supply chains in Canada for electric vehicle (EV) batteries. This includes activities such as extracting and manufacturing battery components. This collaboration aims to strengthen the North American EV battery supply chains. Source

Q: What are the goals of the agreement between Japan and Canada?

A: The agreement between Japan and Canada aims to strengthen the supply chains of storage battery metals for Japan. Canada is considered an important country for Japan in terms of enhancing its supply chains of storage battery metals. Source

Q: Which countries are involved in the partnership to strengthen critical minerals supply chains?

A: The partnership to strengthen critical minerals supply chains involves Japan and the United States. This collaboration aims to diversify and strengthen the supply chains of critical minerals, with a focus on promoting the adoption of EV batteries. Source

Q: How does Japan contribute to global EV battery supply chains?

A: Japan contributes to global EV battery supply chains by producing cathode and anode materials. Japan accounts for 14% of cathode material production capacity and 11% of anode material production capacity globally. Source