There's still spark in Canada's EV, battery sector despite setbacks
A barrage of bad news hit Canada’s ambitious plans to grow its EV, battery and supply chain sectors in the latter half of 2024, but it's not all doom on the horizon.
A barrage of bad news hit Canada’s ambitious plans to grow its EV, battery and supply chain sectors in the latter half of 2024, but it's not all doom on the horizon.
Volkswagen Group will be investing $69 million into Vancouver-based Patriot Battery Metals Inc. (PMET-T) for a 9.9 per cent stake in the company and a lithium offtake deal to supply its Ontario electric vehicle battery factory.