By CRM staff
Toronto, Ontario -- November 26, 2018 -- Propulsion Québec, the province's smart and electric vehicle cluster, announced the launch of a study on the development of the lithium-ion battery industry in Québec.
The study will profile the lithium-ion battery industry and analyze opportunities for Quebec in battery component, cell manufacturing and end-of-life battery recycling.
Québec has a number of assets vital to developing this geostrategic, value-added sector and facilitating the energy transition for the entire economy. These include significant reserves of renewable energy, internationally recognized scientific and technical expertise, innovative companies, deposits of strategic materials, and expertise in recovery and recycling.
The study will be conducted with the financial support from Ministère de l'Économie et de l'Innovation du Québec and Société de développement de Shawinigan. These players want to use their expertise and competitive edge to strategically position Quebec in the production of batteries, from the extraction of raw materials to the recycling of their components.
"The transportation sector contributes over 40 percent of Quebec's total greenhouse gas (GHG) emissions, so electrification of transportation is a priority. Quebec's electric and smart transportation sector is working together to actively seek more responsible solutions to improve its environmental record, for the benefit of Québec's economy and society. Our study on the development of Quebec's lithium-ion battery sector will identify concrete steps that can be taken to develop this promising growth sector and the province's key assets," said Sarah Houde, executive director of Propulsion Québec.
The study is to be done in the upcoming months with the results to be released next spring.