“Canada as a Global Leader in Battery Manufacturing”
Canada is making waves in the global battery supply chain, attracting investments and job-creating projects from around the world. With a vision to become a global leader in battery manufacturing, Canada aims to create middle-class jobs, boost the economy, and contribute to a cleaner environment for future generations.
A Major Battery Manufacturing Facility in Maple Ridge, British Columbia
A new $1 billion lithium-ion battery cell manufacturing facility is set to be constructed in Maple Ridge, British Columbia by leading battery company E-One Moli. This facility is expected to create up to 350 new jobs, secure over 100 existing positions, and produce up to 135 million battery cells per year, making it the largest factory in Canada for high-performance lithium-ion battery cells. The Government of Canada is set to contribute up to $204.5 million to support the project, while the Government of British Columbia will provide $80 million for the facility’s construction.
Support from Key Figures
The support for the new manufacturing facility has garnered acclaim from key figures like the Prime Minister, the Premier of British Columbia, and the Minister of Innovation, Science, and Industry. They highlight the significance of securing job-creating clean technology projects, building a stronger economy, and promoting cleaner energy alternatives for a sustainable future.
E-One Moli’s Commitment
E-One Moli’s Chairman, Nelson Chang, emphasizes the company’s commitment to producing pure green batteries to support the world’s energy transition. The company’s investment in a new clean tech manufacturing facility aligns with the city’s economic development and climate action strategies, promoting job creation, growth, and a more resilient economy.
Key Facts and Associated Links
The new manufacturing facility in Maple Ridge is poised to propel the electrification of various devices, aiding the transition to cleaner and more efficient energy sources. The project is set to begin construction in June 2024 and be fully operational by 2028. Additionally, the government has allocated substantial funding to support clean technology projects and meet ambitious emissions reduction targets.
As Canada cements its position as a global leader in battery manufacturing, the investment in the Maple Ridge facility signifies a crucial step towards a cleaner, more sustainable future. The project not only creates jobs and supports economic growth, but also contributes to the global efforts in combating climate change and embracing clean energy alternatives. Canada’s emergence as a key player in the battery supply chain holds the potential to drive innovation, create opportunities, and shape a greener, more prosperous tomorrow.”