Germany and Canada forge rare earth metals agreement, essential for EVs
A Volkswagen on the production line at the plant in Wolfsburg. Top executives from German industry also held talks with Carney in Berlin about investments and supplies of rare earth metals needed for EVs/VW
Germany and Canada will collaborate more closely in the field of rare earth metals, such as cobalt, lithium, tungsten, and nickel. These raw materials are essential components for EV batteries, electric motors, and other applications.
Both countries will finance projects in Canada for the extract
