Government of Canada invests in electric vehicle supply chain growth
February 14, 2025 – The Government of Canada is investing \$150 million in electric vehicle (EV) supply chain growth. This investment will help to create jobs, grow the economy, and reduce greenhouse gas emissions.
The investment will be used to support a range of projects, including:
Developing new technologies for EV batteries and components Establishing new production facilities for EVs and EV components Training workers in the EV sector Improving the infrastructure for EV charging
The Government of Canada is committed to supporting the growth of the EV sector. This investment will help to make EVs more affordable and accessible for Canadians, and it will also create jobs and grow the economy.
Quotes:
“This investment will help to create jobs, grow the economy, and reduce greenhouse gas emissions,” said the Minister of Innovation, Science and Industry. “It will also help to make EVs more affordable and accessible for Canadians.”
“This investment is a clear signal that the Government of Canada is committed to supporting the growth of the EV sector,” said the President and CEO of the Canadian Vehicle Manufacturers’ Association. “This investment will help to make Canada a leader in the global EV market.”
Background:
The EV market is growing rapidly around the world. In 2022, global EV sales reached 10 million units, and they are expected to grow to 25 million units by 2025.
Canada is well-positioned to be a leader in the global EV market. The country has a strong automotive industry, a wealth of natural resources, and a commitment to reducing greenhouse gas emissions.
The Government of Canada’s investment in EV supply chain growth will help to create jobs, grow the economy, and reduce greenhouse gas emissions. It will also help to make EVs more affordable and accessible for Canadians.
Government of Canada supports electric vehicle supply chain growth
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