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Canada funds Nano One’s LFP battery tech to cut China reliance and boost North American supply chains.
Natural Resources Canada has awarded Nano One $3 million to advance its lithium iron phosphate (LFP) cathode technology, aiming to diversify North American battery supply chains and reduce dependence on China.
The funding, through March 2028, supports scaling Nano One’s One-Pot process, which uses various iron feedstocks, reduces waste, and enables modular, sustainable production at facilities in British Columbia and Québec.
The project, backed by Sumitomo Metal Mining, strengthens clean tech innovation and economic security.
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Canadá financia la tecnología de baterías LFP de Nano One para reducir la dependencia de China e impulsar las cadenas de suministro de América del Norte.