FedDev Ontario announces support for seven Ontario manufacturers to develop new technologies in the electric vehicle supply chain
Southern Ontario is a leader in the growing electric vehicle (EV) sector and is home to world-class manufacturers driving innovation across the supply chain. These businesses are developing cutting-edge technologies and solidifying Canada's leadership on the world stage in the EV market.
Today, the Honourable Ruby Sahota, Minister of Democratic Institutions and Minister responsible for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario) visited the Canadian International AutoShow (AutoShow), Canada's largest celebration of the automobile industry for over 50 years. She met with manufacturers, auto suppliers and stakeholders in the EV industry to learn about new innovations and opportunities in the supply chain, while reinforcing the Government of Canada's support for this critical sector.
At the Auto Show, Minister Sahota announced a combined investment of over $10 million for seven manufacturers in southern Ontario's EV supply chain. The funding will boost Canadian production capabilities, upgrade equipment to improve efficiency and competitiveness and support local supply chains. These companies include: Enedym Inc., Forest City Castings Inc., Palcam Technologies Ltd., Process Research Ortech Inc., Proventus Global, Sinteris Canada and SWTCH Energy Inc. With this funding, these companies will make it easier to integrate EV charging stations for businesses and homes, increase parts production and strengthen southern Ontario's position in the EV manufacturing sector. Additional information on these projects is included in the backgrounder.
Through these investments, we will continue to support the development of Canadian products, good jobs and strong economic impact made possible from this important sector.
