With many governments around the globe committing to an electric vehicle (EV) future and sixty per cent of new cars on Canadian roads expected to be EVs by 2030, the mining industry is primed to seize two pivotal opportunities: becoming a global leader in sustainable EV battery production and supporting domestic and global automotive sectors in developing robust EV manufacturing capabilities.
A sustainable mining industry is also essential to Canada’s carbon-free energy future—which includes eliminating internal combustion engine vehicles—and is a unique opportunity to propel the circular economy by re-envisioning the critical mineral value chain.
The mining industry has a key role in driving a more sustainable future. Capturing that opportunity will require targeted investment, strategic public and private partnerships, and implementing innovative and sustainable business processes and principles.
Canada’s opportunity to lead the race to an EV future
By 2030, 60% of new cars on Canadian roads are expected to be EVs1
Canada currently ranks 1st in North America, and 4th globally for raw material capacity in the battery supply chain2
43% of the world's mining companies are listed on Canadian stock exchanges3
The bridge to greener pastures
Destination: a sustainable future
Canada’s EV sales targets are 100% of light-duty vehicles by 20353 and 100% of medium and heavy-duty vehicles by 20403. Global sales revenue for EVs forecasted to reach $737 billion USD by 2026 whereas EV sales in Canada expected to reach over $9 billion USD by 20264,5.
With innovative thinking and target-focused investment, Canada can mine the gap to success. Download the 'Mine the gap' infographic for a full roadmap to a sustainable future for Canada. Contact us to learn more.
Download the 'Mine the gap' infographic
- 2030 Emissions Reduction Plan – Sector-by-sector overview, Government of Canada, July 2022
- EV Supply chain, Invest in Canada, accessed September 2022
- Minerals and the Economy, Government of Canada - Natural Resources Canada, February 2022
- Electric Vehicles - Worldwide, Statista Market Forecast, Statista, 2022
- Electric Vehicles - Canada, Statista Market Forecast, Statista, 2022
- Minerals for Climate Action: The Mineral Intensity of the Clean Energy Transition, The World Bank, 2020
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