One of the most exciting automotive technology trends happening in Canada and globally is the emergence of autonomous vehicles. Self-driving cars reduce involvement in the driving process; this helps eliminate accidents, lower fatigue and stress, and improves passenger productivity. It’s a disruptive trend that will impact automotive manufacturers and technology developers alike for the foreseeable…
We understand the importance of aligning strategic priorities with grants and loans to a business’ growth trajectory. To help businesses become more aware of their funding opportunities, our team hosts monthly webinars to discuss the various funding options. Both federal and provincial governments provide funding for business expansion, capital investment, workforce development, and R&D initiatives….
Smart, connected vehicles are transforming the global automotive industry. Consumers are now looking for technologically-advanced vehicles to support a ‘connected lifestyle’ where they can still be entertained, productive, and safe behind the wheel. Automotive manufacturers should take note of this shift and offer new valuable products or services to serve the connected vehicle market. There…
Guided by regulatory requirements and a shift in consumer preferences, electric vehicles are on the path to taking over global market share for new vehicle sales. While there are still many years ahead where internal combustion will reign supreme, the inevitable swing in market preference will eventually catch up. But when will this be? How…
Automotive technologies are constantly improving to meet customer demand. The popularity of cutting-edge, technology-filled vehicles continues to increase across the world; therefore, automotive suppliers and technology developers must be willing to develop these systems. There are incredible opportunities for businesses who respond to growing interest for electric, autonomous, and connected vehicles. Canadian automotive companies should…
The future of electric vehicles (EVs) are becoming increasingly clear. Battery and engine technologies are being researched and developed at record pace; this has allowed global consumer demand to increase steadily. As more consumers begin to understand the technology and feel comfortable investing in electric vehicles, the market will become dominated by this trend. This…
Sometimes, well-intentioned rules and regulations developed by the government affect business’ ability to act on growth opportunities and efficiently use resources. These laws and regulations are often referred to as government red tape by the general public. They often relate to additional paperwork, hidden costs, and project delays, and make companies less responsive to market…
On July 13, 2017, Ontario manufacturers are invited to a lunch and learn hosted by the Canadian Association of Mold Makers (CAMM) and Mentor Works. During this event, manufacturers will learn how to accelerate their growth and competitiveness through a variety of projects. Attendees will gain insight into how Canadian government grants can be used…
As spring approaches, business owners and executives should continue looking for growth opportunities in 2017 and beyond. A great way to stay up-to-date on current industry news and network with other thought leaders is by attending Ontario small business events. Industry focused events provide an outlet for professional networking and access to expert knowledge. Throughout…
In Canada, automotive suppliers represent a sophisticated value chain that includes hundreds (or even thousands) of manufacturers. Each auto part manufacturer must maintain high productivity to fulfill customer demand, however this can be challenging without innovative equipment, strong internal processes, and skilled employees. Thankfully, the Automotive Parts Manufacturers Association (APMA) and Ontario Centres of Excellence…