NGen to set up EV supply chain in Canada
Next Generation Manufacturing Canada (NGen), a network of private and public sector organizations working together to bolster advanced manufacturing in Canada, has announced a series of new innovation projects to support the emissions-free vehicle manufacturing ecosystem in Canada.
A total of 15 new industry-led consortia are planned to execute projects in strategic areas including critical minerals & metals, traction battery & efficiency gains, power electronics, fuel cells, and lightweight materials. These projects are funded with 76 million CAD from NGen under Canada’s Innovation Supercluster Initiative. To date, NGen has approved 166 projects with 374 industry partners, investing $236 million of Supercluster funds and leveraging $371 million in new R&D investments by industry.
“As the global transition to zero-emission vehicles accelerates, NGen has taken a leadership role in fostering game-changing collaborations with industry and academic partners across the country to reinforce Canada’s position as a global leader,” said François-Philippe Champagne, Minister of Innovation, Science and Industry. “These projects demonstrate the exceptional capabilities and talent that we can deploy to create more business and build the vehicles of the future here in Canada.”
“Global automakers have begun their journey to replace vehicles powered by internal combustion engines with zero-emission electric vehicles, but their transformation is far from complete,” said Jayson Myers, CEO, NGen. “Significant problems need to be solved in order to make the industry sustainable over the next ten years. Canada has all that it takes to play a leading role in that transformation – critical minerals, leading-edge research and technologies, strong manufacturing capabilities, and a highly-skilled workforce. The collaborative projects that NGen is supporting show how Canadian ingenuity can contribute solutions throughout the EV value chain and create new opportunities for businesses, investment, and job growth along the way.”
0 Comments