Canada has surpassed China to claim the top spot in the Global Lithium-Ion Battery Supply Chain Ranking, as reported by BloombergNEF. This annual assessment rates 30 countries on their potential to build a secure, reliable, and sustainable lithium-ion battery supply chain. The shift in rankings is attributed to the competitive advantage of Canadian workers and the country's economic plan. The slump in prices for minerals like lithium is noted to complicate efforts to counter China's dominance of the EV battery supply chain.
🇨🇦 Canada has overtaken China for the top spot in our Global Lithium-Ion Battery Supply Chain Ranking, an annual assessment that rates 30 countries on their potential to build a secure, reliable, and sustainable lithium-ion battery supply chain. https://t.co/B77wgDEk38
Canada overtakes China in lithium-ion battery supply chain ranking to claim top spot https://t.co/okiaiO72i7 https://t.co/bjsixtrux5
Update: Canada has the world’s number one battery supply chain. That’s largely because of our country’s greatest resource and competitive advantage – Canadian workers. Together, we’ll keep attracting investment and making our economy even stronger. https://t.co/9OpBryYyP0
Great news for Canadian workers and our auto sector—Canada’s economic plan is delivering the world’s best battery supply chain! Read more: China Drops to Second in @BloombergNEF’s Global Lithium-Ion Battery Supply Chain Ranking as Canada Comes out on Top https://t.co/c1M5kTBQ6J https://t.co/nacxnNbAYX
The slump in prices for minerals like lithium is complicating efforts to counter China's dominance of the EV battery supply chain https://t.co/fPgsIkC9PR by @eliotcxchen