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VW, Mercedes line up battery supplies in Canada

German Chancellor Scholz Montreal Aug. 22, 2022 Rtrs
Canada "has similar rich natural resources as Russia -- with the difference that it is a reliable democracy,"  German Chancellor Olaf Scholz said. He is pictured outside the Montreal Science Centre. (REUTERS)
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By:
Bloomberg
August 22, 2022 01:33 PM

Volkswagen Group and Mercedes-Benz Group have sealed agreements with Canada to secure access to raw materials such as nickel, cobalt and lithium for battery production, according to people familiar with the accords.

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