Industry group Accelerate said that Canada’s national roadmap for the battery sector should include a plan to secure 1,000 domestic patents in battery technology by 2035, to avoid losing more “winner” startups in the industry as multinationals scoop up homegrown technology. (The Logic)
Skip to content
Industry group Accelerate said that Canada’s national roadmap for the battery sector should include a plan to secure 1,000 domestic patents in battery technology by 2035, to avoid losing more “winner” startups in the industry as multinationals scoop up homegrown technology. (The Logic)
Talking point: The report notes several examples where Canada has lost its battery lead: Hydro-Québec’s decision to license foundational battery patents to China’s CATL; Tesla’s acquisition of two Ontario firms; and British Columbia’s decision to force the sale of North America’s first lithium-ion manufacturer, Moli Energy, to a Japanese consortium for $5 million, when it had assets worth $58 million. The report urges Canada to fast-track patents for critical technologies, including batteries; provide legal funding for Canadian battery startups, and develop a network for Canadian startups to share non-core patents with each other. Otherwise, it could be hard for startups to get over “valleys of death” to commercialization, Moe Kabbara, one of the authors of the report, told The Logic.
Loading...
Thanks for sharing!
You have shared 5 articles this month and reached the maximum amount of shares available.
CloseThis account has reached its share limit.
If you would like to purchase a sharing license please contact The Logic support at [email protected].
CloseGift the full article!
You have gifted 0 article(s) this month and have 5 remaining.
Recipients will be able to read the full text of the article after submitting their email address. They will not have access to other articles or subscriber benefits.
Most Popular This Week
In-depth, agenda-setting reporting
Great journalism delivered straight to your inbox.
News
Canada’s Arctic defence push is overwhelming communities in the North
Briefing
Honda commits $166M to upgrade Ontario auto plant and expand hybrid production
Bridgewater investment co-chief to lead Ottawa’s $25B sovereign wealth fund
Real-Time Rail launches with first group of participants—and no big banks
Best business newsletter in Canada
Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.
Exclusive events
See the bigger picture with reporters and industry experts in subscriber-exclusive events.
Membership in The Logic Council
Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.
