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Quebec’s Electric Battery Industry: The Challenge Will Be to Keep the Momentum Going

March 23, 2022
Joëlle Noreau
Senior Economist

Electric vehicles (EVs) are a growing industry both at home and abroad. That’s why Quebec wants in on the EV battery market. It may seem like an odd choice, but Quebec already has a lot going for it, including metal mining and battery recycling. There are a few obstacles standing in the way, however. There’s the ongoing labour shortage and US protectionism. Then there’s the competition, which has deep financial pockets and a big head start. But that just means Quebec needs to be bold and creative. It may not have the biggest lithium reserves, but recent announcements prove it’s well on its way to becoming a hub for electric battery manufacturing and recycling plants. There’s a lot of enthusiasm right now. The challenge will be to maintain it.