Electric Vehicles are Gaining Global Market Share

How Electric Vehicles are Gaining Worldwide Popularity

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…

Nano One Awarded $1.9M to Enhance Automotive Technology

$1.9M in Research Grants Awarded to Improve Automotive Technology

Nano One Materials has secured $1.9 million in Canadian government funding through the Automotive Supplier Innovation Program (ASIP). Research grants will support the company’s development of battery material production technology and enable the design, construction, and operation of Nano One’s pilot plant. The Automotive Supplier Innovation Program (ASIP) fosters automotive innovation, including the development of…

CleanTech Grant Supports New Electric Vehicle Charging Stations

$1.8M CleanTech Project Reduces Transportation-Based Carbon Emissions

Canada’s transportation sector has a significant impact on climate change. In fact, reports suggest that transportation currently accounts for 1/4 of all Canadian greenhouse gas (GHG) emissions. Because of this, the Government of Canada has accelerated the development of electric vehicle (EV) charging station network, spanning from coast-to-coast. The network will support increased range for…

Lightweight Vehicle Manufacturing Grants Canada

How Lightweight Vehicles Are Transforming the Automotive Industry

New vehicle innovations are reshaping the automotive industry at a more rapid pace than ever before.  Global manufacturers are developing new products and processes at an accelerated rate, which is helping the automotive industry to become more efficient and technologically advanced. One of the major trends leading this revolution is the lightening of vehicles throughout…

Tesla's Master Plan Part Deux Innovation

Tesla’s “Master Plan, Part Deux” Pushes Innovative Business Leadership

On July 20, 2016, Tesla Motors’ CEO Elon Musk released a blog entitled “Master Plan, Part Deux”. The highly anticipated document identified several key changes to Tesla’s business model and also unveiled some of the newest, most innovative technologies that Tesla is working on. Among some of the most notable changes, Tesla may be modifying…

Canadian government funding for Ontario automotive industry

Keeping a Competitive Future for Ontario’s Automotive Industry

An article recently published in The Hamilton Spectator identified the Ontario automotive sector as lacking leadership and on the verge of a decline. Although the Ontario industry was a top global contender, manufacturers of vehicles and automotive components in Ontario are facing downward pricing pressures from developing nations with low labour rates, and consumer preferences…

Small Business Grants Ontario

The Evolving Nature of the Canadian Automotive Sector

The automotive sector is made up of several industries: automobile assembly, automotive parts manufacturing, and the relatively small auto body and trailer manufacturing sector. Although all industries are experiencing increased competition, the automotive parts manufacturing sector in particular are pressured to adopt advanced technologies and streamline processes in order to stay competitive in the face…