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…
Nemak of Canada Corporation has been awarded up to $3 million in small business grants to develop lightweight automotive engines. This investment will support the development of stronger engine blocks, which will be designed using innovative lightweight aluminium. These engine blocks will provide a more energy efficient automotive system and support future engine technology innovations. The funding…
With a record number of vehicles expected to be sourced in 2017, the North American automotive industry is poised for a growth period in 2017 and 2018. As a major part of the North American automotive supply chain, Canadian manufacturers should look at incoming demand and identify ways to capitalize on the booming industry. The…
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…