With regards to the EV manufacturing supply chain, manufacturers are increasingly moving fast on strengthening their business to take advantage of the burgeoning industry. Tersa Earth is a biotech startup trying to address the mining industry’s toxic waste management issue by extracting valuable minerals from tailing dams.Volkswagen also announced plans to build an electric vehicle manufacturing plant in St. Thomas, Ont., with the Canadian government heavily subsiding the company’s efforts. The move is expected to cost taxpayers up to $16.3B, and create thousands of jobs once complete in 2027.We’re seeing an increased focus on Cleantech-related manufacturing, with the Canadian government supporting nascent startups and small businesses with their ideas. Build Smarter is a residential construction company using recyclable steel to build more sustainable homes, and they have major plans to expand beyond B.C. in 2024.Ont. is focused on attracting more electronics/hardware and semiconductor manufacturing, with companies like LAVA Computer focused on manufacturing adaptors that can extend the battery life of devices. Valuable small businesses doing cutting-edge advanced manufacturing work continue to play key roles in the country and helping to grow the advanced manufacturing economy.2024 will be a year of continued development and change across manufacturing and will no doubt bring challenges and solutions for many businesses exploring new ways to stay competitive. (ICE TORONTO)

Fonte notizia: https://www.canadianmanufacturing.com/