Distributed Energy Resources, GHG Emissions, Industrial - August 24, 2022
Mercedes-Benz and Canada Partner on EV Development
The Mercedes-Benz Group AG and the Government of Canada signed a Memorandum of Understanding (MoU) to explore deeper cooperation across all stages of the automotive value chain.
The purpose of the MoU is to promote cooperation and to explore ways to advance opportunities across Canada's EV supply chain, including, but not limited to securing sustainable sources of raw materials - given Canada and Mercedes-Benz's mutual commitments to sustainable development and climate protection and their investments towards a cleaner and greener economy of the future.
"Canada is quickly becoming the green supplier of choice for major auto companies, including leading European manufacturers, as we transition to a cleaner, greener future. By partnering with Mercedes-Benz, Canada is strengthening its leadership role as a world class automotive innovation ecosystem for clean transportation solutions. Canada is committed to building a strong and reliable automotive and battery supply chain here in North America to help the world meet global climate goals,” said the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry in a statement.
Mercedes-Benz is preparing to go all-electric by the end of the decade.
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