Did you even know what batteries cost for electric cars?

China produces the vast majority of the Lithium-ion batteries used in EV's and hybrids etc. In the future China could (and possibly will) use this fact as leverage against Canada (and the world, for that matter.) If Canada wants to pursue a swift migration to EV's in urban settings, then we must have the ability to make our own batteries here, rather than relying on a foreign source. This is not rocket science. And it must be addressed immediately. Otherwise, Canada should stop all EV promotion until such time as the infrastructure exists that makes the transition viable. Further, prudence dictates that we refrain from building too many charging stations, just yet.

Read more >