388 New Mines Needed to Satisfy EV Mandates Worldwide: Report

388 New Mines Needed to Satisfy EV Mandates Worldwide: Report
A Chevrolet Bolt EV is seen at an event promoting the Greening Government Fund, in Ottawa, on June 27, 2023. The Canadian Press/Justin Tang
Jennifer Cowan
Updated:
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A total of 388 new mines must be constructed by 2030 if countries around the globe, including Canada, hope to meet their timelines on mandating electric vehicles (EV), according to a new report.
Released by the Fraser Institute on Nov. 23, the report says the 388 new mines are essential to provide the metals required for EV production in Canada and the United States as well as a number of countries in the European Union and Asia.
Jennifer Cowan
Jennifer Cowan
Author
Jennifer Cowan is a writer and editor with the Canadian edition of The Epoch Times.
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