{"id":17995,"date":"2022-02-09T08:30:20","date_gmt":"2022-02-09T08:30:20","guid":{"rendered":"https:\/\/www.innovationnewsnetwork.com\/?p=17995"},"modified":"2022-07-31T20:20:34","modified_gmt":"2022-07-31T19:20:34","slug":"supporting-north-americas-ev-revolution","status":"publish","type":"post","link":"https:\/\/www.innovationnewsnetwork.com\/supporting-north-americas-ev-revolution\/17995\/","title":{"rendered":"Supporting North America\u2019s EV revolution"},"content":{"rendered":"

QMC Quantum Minerals Corp<\/a>, a mineral development company with three established world-class mineral-rich projects in Canada, are working to develop our Irgon Lithium Mine, Rocky Lake and Namew Lake projects to supply lithium, copper and other metals for the electric vehicle and charging station markets.<\/h2>\n

As President Biden and many world governments set new targets for the transition to electric vehicles (EVs), attention focuses on how to meet these ambitions. For instance, President Biden hopes that EVs will make up half of all new auto sales by 2030, highlighting the race to secure relevant stable and secure domestic supply chains for battery materials. With support from major EV manufacturers to achieve EV sales of 40-50% of annual US volumes by 2030, there is now a realisation that battery manufacturing is the cornerstone to success and securing battery material supply chains is a fundamental requirement.<\/p>\n

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Fig. 1: Battery plants in North America – Credit: \u00a9 Visual Capitalist.<\/figcaption><\/figure>\n

As major auto manufacturers invest in plants, QMC Quantum Minerals Corp has an excellent opportunity to supply the North American electric vehicle and battery manufacturing markets. We have recently seen that:<\/p>\n