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German chemical giant BASF SE as well as several other unnamed companies are in talks with the Canadian government to establish electric vehicle battery production facilities in Canada with the aid of a federal cleantech fund, according to a Canadian official familiar with the discussions as first reported by Reuters. According to Reuters, BASF’s talks with the government reportedly concern whether or not the company would be able to benefit from Canada’s $8-billion Net Zero Accelerator fund, which was launched in 2020 to fund projects and technologies that could bring Canada closer to its goal of achieving net-zero emissions by 2050. Currently BASF SE’s presence in Canada is in the form of a subsidiary, BASF Canada, which is headquartered in Mississauga, Ont., with 1,200 employees at production facilities and offices located across the country. Canada an “interesting destination” In addition to being the world’s largest chemicals and plastic producer by sales, BASF is a supplier of cathode active materials, which are an integral component of the lithium-ion batteries found in electric vehicles.

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