EV

BASF picks Canada to expand supplies for booming EV battery market

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Canada's industry minister says BASF's investment in Canada's electric vehicle battery ecosystem is the first "in a series," adding that the aim was to make Becancour a hub, linking Quebec to the heartland of Canada's automotive industry in Ontario. (REUTERS)
R
By:
Reuters
March 04, 2022 08:12 PM

OTTAWA/FRANKFURT— German company BASF has secured land for a planned battery materials facility in Canada, and the country's industry minister said on Friday it would be the "first pillar" of the country's drive to ensure the future of the electric-vehicle manufacturing sector.

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