Japan, Canada pledge more co-operation on battery supply chains, AI technology
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OTTAWA — A new battery supply-chain agreement between Ottawa and Tokyo comes as Canada wants to expand its position in the battery industry and Japan seeks to secure access to lucrative American EV subsidies for its automakers.
Japan’s industry minister Yasutoshi Nishimura said today that the move also comes as the two countries seek out like-minded allies in a world with increasing geopolitical tension.
He only specifically mentioned Russia’s invasion of Ukraine, but both Canada and Japan seek to counter China’s economic and political dominance in the Indo-Pacific region, as well as in the global battery industry.
For Canada, the deal is well-timed, allowing it to show growing ties with a key Indo-Pacific ally even as its relationship with India barrels towards rock bottom.
