NGen Canada is looking to co-invest up to $95 million, together with industry, in collaborative, transformative, business-led projects through the Electric Vehicle Manufacturing Value Chain Program (EVMP). The call-for-projects targets the scale-up and commercialization of transformative, made-in-Canada manufacturing technologies and capabilities across Canada’s EV value chains – from the processing and refining of critical minerals, to the manufacturing of battery, magnetic, semiconductor and light-weighting materials & components.
The deadline for Expression of Interest is October 11 at 5 pm ET.
On August 22, 2023, NGen Canada, Canadian Critical Minerals and Materials Alliance (C2M2A), Battery Metals Association of Canada (BMAC), and Accelerate ZEV will be co-hosting a webinar for critical minerals and materials companies. We cordially invite you to join us to learn more about,
• NGen’s EVMP program, and how companies can take advantage of the funding opportunity.
• Initiatives and services provided by C2M2A, BMAC, and Accelerate ZEV to grow Canada’s critical minerals and materials supply chain.
Critical minerals and materials are fundamental to our transition to a low-carbon economy, and to developing a robust and vertically integrated battery and EV value chain in Canada. However, bottlenecks exist globally in midstream operations, to transform the minerals into materials with high purity levels that are suitable for use in battery-grade products and other EV-related technologies. The next 5 years will be critical for Canada’s participation in the global EV market. There is a window of opportunity for Canada to invest, commercialize, and deploy domestic processing, refining, and other value-added capabilities.
About the partners:
NGen Canada
NGen is the industry-led, non-profit organization leading Canada’s Global Innovation Cluster for Advanced Manufacturing. We are founded on the principle that digital transformation in advanced manufacturing will enrich the lives of Canadians, delivering better products and good jobs while generating the economic growth essential to a better future.
C2M2A
The Canadian Critical Minerals and Materials Alliance (C2M2A) is an industry advocacy organization whose goal is to accelerate the production of value added materials building on Canada’s critical mineral wealth. By elevating the voice of industry through its members, C2M2A is diversifying Canada’s economy, fostering job creation and providing economically-viable and sustainably produced materials demanded for a global energy transition
BMAC
The Battery Metals Association of Canada (BMAC) is a trade organization of entrepreneurs, explorers, developers and producers of battery metals and materials, who have joined together to support a rapidly changing energy landscape.
What we share is a desire to develop battery metals resources and to incorporate these materials into a battery production stream. As a national non-profit association, BMAC will lead the effort to ensure Canada fully captures the abundant economic potential of its massive resources through the responsible and sustainable growth of Canada’s battery metals supply chain.
Accelerate ZEV
Accelerate is Canada’s industrial alliance of key actors from mining, batteries, fuel cells, R&D, the public sector, Indigenous interests, labour, vehicle manufacturing and infrastructure. Together, we are building Canada’s Zero Emission Vehicle supply chain and industry to ensure it is a central part of Canada’s future wealth and prosperity.
With Canada and Europe facing major challenges to their industrial base, the deepening economic relationship between the two in the “Alliance for the Future” presents an opportunity for shared prosperity and strategic resilience. Making the most of the opportunity will require innovative thinking to harness the power of partnerships.
While battery ecosystems in both nations are inherently linked to the automotive sector, batteries are a key technology for countless industries, from power tools to medical devices, from mobile robots to drones, and from renewable energy systems to defence technology. Therefore, it is of the utmost importance for both countries to establish a resilient battery supply chain. Looking at respective priorities and emerging opportunities, we can compare them and put forward some recommendations on further connecting the German and Canadian battery ecosystems.
At this week’s Investment Summit in Toronto, Canada is pitching itself to the world as a stable, investable economy with the resources, talent, and major projects global capital is looking for.
Accélérer accueille favorablement la mise à jour économique du printemps d’hier et l’engagement du gouvernement fédéral à positionner le Canada en tant que destination mondiale de premier plan pour l’investissement.