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China, Europe winning EV `battery arms race,' House committee told - PLANT


China and Europe are winning the “global battery arms race,” seen as a key factor in determining which economies will dominate in a decarbonized future, a parliamentary committee heard Monday.
The House of Commons natural resources committee has embarked on a study of “critical minerals” in Canada – a term referring to the raw materials like lithium, nickel, cobalt, graphite, aluminum and copper that go into making lithium-ion batteries, the standard workhorse of the electric vehicle (EV) and energy-storage world.
Canada has a large domestic supply of these minerals, witnesses told the committee. But they aren’t being mined in large amounts, they said. There is little ability in Canada to process the raw material into the components that ultimately go into producing batteries. ....

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