LND12 Jan 2022 10:02
Lion will be opening its own battery manufacturing facility in the latter half of 2022.
The decision is strategic, in part, explains Marc Bedard, CEO – Founder of Lion Electric. “Top-to-bottom integration gives us more control over the supply chain.”
But there are other advantages that only exist in Canada, not least of which is access to the metals and minerals that make up a li-ion battery. Bedard continues, “Access to raw materials is really important. We can save on transportation costs, our emissions are lower, and we don’t have to rely on imports.”
The same advantages are attracting other global li-ion leaders, too, such as StromVolt and Britishvolt, which have both announced major new facilities in Quebec – keen to minimize the miles between base metal and
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