Investor Presentaiton
Lithium demand creates massive regional opportunity
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The James Bay region in Quebec is ideally
located to service both planned and
existing North American lithium ion battery
initiatives
Unprecedented government support for the
North American EV sector via the US$370
billion Inflation Reduction Act which is
attracting key players
Volkswagen Group has recently
announced that it would build a Gigafactory
in Canada as part of a $193 billion
investment to hit its EV targets
EV sector growth is underwriting growing
deficit with Fastmarkets forecasting a
growing lithium deficit for the rest of this
decade
Quality projects located close to these fast-
expanding regional markets will have
immense strategic value
NORTH AMERICAN Analysis by CIC energiGUNE
BATTERY INITIATIVES
Version 3. Last update: 02/12/2021
Solid Power
Since 2019 it has a pilot produc-
tion line for solid electrolyte
batteries that aims to scale up to
a gigafactory by 2023.
BRITISHVOLT
POWER ON
Planned a 60 GWh capacity
plant in Quebec, Canada.
③LION ELECTRIC
Announced in March
2021 its intention to
open in Quebec in
2023 a plant with 5
GWh capacity
STROMV LT
Announced a battery cell
factory in Quebec; aims to
produce 10 GWh by 2030
StoreDot
Recently announced an R&D center to
accelerate the market introduction of
solid-state batteries (exact location to be
determined).
QuantumScape
Working on the development of
its first pilot line in San Jose
(California) with the objective of
scaling it up in 2024.
SILA
NANOTECHNOLOGIES
It has launched a pilot line
in 2021, which it expects to
scale up in 3 years.
TESLA
Two operational plants (Nevada with 35
GWh and Buffalo dedicated to solar cells of
2 GWh). It expects to open its new
gigafactory in Austin (Texas) with up to 100
GWh by the end of 2021 and has a pilot line.
in Fremont (California)
microvast
2 GWh plant in
Clarksville, Tennessee
(2022)
LG Chem
It has a 5 GWh
capacity plant n
Holland, Michigan.
SK innovation
Ford
Development of the "Blue Oval
City" project in Kentucky with
two gigafactories and a third
one in Staton (Tennessee), each
one with a capacity of 43 GWh
+ SES
Announced in March 2021
its agreement with General
Motors to develop a pilot
line starting in 2023 in
Woburn (Massachusetts)
OPERATIONAL PLANT
PROJECT IN PROGRESS
OPERATIONAL PILOT
LINE OR IN PROGRESS
gm
iM3NY
Aims to develop a plant by
2022 with a capacity of 1
GWh (expandable to more
than 15 GWh)
LG Chem
This joint venture plans to open
a plant in Lordstown (Ohio,
with 30-35 GWh) in 2022 and
in Spring Hill (Tennessee) in
2023 (with similar capacity)
TOYOTA
Announced to invest in a new
battery plant in the U.S.,
although it has not yet
confirmed either the final
location or capacity
FREYR
KIKOCH
They have announced a Joint
venture (50% each) to start
building a gigafactory in the
USA (the final location has not
yet been determined)
SK innovation
It is building two plants in
Georgia planned for 2021 and
2023, with initial capacities of
10 and 12 GWh respectively
(with the potential to increase
beyond 25 GWh)
SaFT
1 GWh plant in
Jacksonville, Florida
STELLANTIS
LG Chem
Announced that they will form
a Joint Venture to operate,
starting in 2024, a gigafactory
of about 40 GWh.
10 Investor Presentation | May 2023
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