Province Invests in Windsor Electric Vehicle Battery Innovation Lab to Boost Regional Economy

MC Ontario Government Invesnts in Peterborough Kawartha Lakes Manufacturers 1 400

February 8, 2022

The Ontario government is supporting an $18.5 million investment by auto parts manufacturer Ventra Group to help strengthen local manufacturing and Ontario’s automotive and domestic manufacturing sectors, while creating jobs, attracting investment to the local economy and supporting the province’s economic recovery. The province is investing $1.5 million through the Regional Development Program, which will help create 18 jobs.

MC Ontario Government Invesnts in Peterborough Kawartha Lakes Manufacturers 2 400

“Our government is making targeted investments in local manufacturers to help them create good local jobs,” said Vic Fedeli, Minister of Economic Development, Job Creation and Trade. “We thank Ventra Group for contributing to our province’s vibrant, innovative, and growing automotive sector. Investments like this one will help further develop Ontario’s EV battery supply chain and play a pivotal role in Phase 2 of our Driving Prosperity auto plan. Ventra Group is also making a significant impact on the Windsor regional economy by investing in Ontario’s talented workforce and creating the conditions for long-term economic growth.”

MC Ontario Invests in Windso EV Battery Manufacturer 1 400

Ventra Group, part of the Flex|N|Gate group of companies will invest $18.5 million to create the Flex-Ion Battery Innovation Centre. The company is building a pilot line to produce advanced lithium-ion batteries for electric vehicles and will conduct basic product and manufacturing technology research and development. Collaborating with world-class local academic researchers and Ontario businesses in the growing zero-emission mobility and energy storage sectors, Ventra Group will assess, develop and optimize materials and performance in the commercialization of prototype batteries and emerging storage technologies, helping to ensure durable competitiveness.

“The Flex-Ion Battery Innovation Centre marks a critical first milestone in our strategy to level up our next-generation battery design, material localization and manufacturing skills,” said Shahid Khan, Flex|N|Gate’s CEO, COO and President. “We are privileged and delighted that Ontario’s warm welcome and generous support has allowed us to create an Ontario-first ecosystem within the global markets for advanced traction batteries and battery manufacturing technologies.”

Ontario is investing more than $100 million through the Regional Development Program from 2019 to 2023 to support distinct regional priorities and challenges and boost the province’s economic recovery. The program provides cost-shared funding to businesses, municipalities and economic development organizations to help local communities attract investment, diversify their economies, and create good, local jobs.

In November, the government released Phase 2 of Driving Prosperity ― The Future of Ontario’s Automotive SectorThe next phase of the 10-year plan will help Ontario’s auto sector pivot to producing the automotive technologies of the future, including the next generation of electric vehicles and the electric batteries those vehicles need. Phase 2 positions Ontario as a North American leader in developing and building the vehicle of the future through emerging technologies and advanced manufacturing processes.

 

Quick Facts

  • •The government launched the Regional Development Program for Eastern and Southwestern Ontario in November 2019. Businesses and municipalities can get financial support through the Eastern Ontario Development Fund (EODF) and Southwestern Ontario Development Fund (SWODF) and guided access to a range of complementary services and supports.
  • •Vehicle assembly and auto parts production directly supports more than 92,000 Ontario jobs, with hundreds of thousands more spin-off jobs in communities across the province.
  • •The province’s vehicle assembly facilities are supported by a supply chain comprising over 700 parts firms and over 500 tool, die, and mold makers.
  • •The government recently launched the Advanced Manufacturing and Innovation Competitiveness (AMIC) stream of the Regional Development Program to help support Ontario advanced manufacturers to invest in the equipment, advanced technologies and skilled workforce needed to improve competitiveness and growth, and to create, retain and bring jobs back to every region of the province.

MC Ontario Government Invesnts in Peterborough Kawartha Lakes Manufacturers 6 400

 

Additional Resources

 

Source

 

Related Articles

  • Humber College Receives $30 Million Gift from the Barrett Family Foundation

    Humber College Receives $30 Million Gift from the Barrett Family Foundation

    January 27, 2023 Humber College is the recipient of a $30 million gift from the Barrett Family Foundation, marking the largest single donation made to an Ontario college. Combined with their donations to Humber’s Unlimited Campaign, the Barrett Family Foundation has given a total of $42 million, making their donation the largest in Canadian college history…. Read More…


Latest Articles

  • Rotary Encoders for Harsh Environments

    January 30, 2023 Rotary encoders are electromechanical devices that provide feedback on the rotational movement of an axle or shaft. Comprising two parts – a reader and a scale – they typically accomplish this task either by either “absolute encoding” or “incremental encoding”: Absolute encoders measure the precise angular position of the reader relative to… Read More…

  • Energy Technology Perspectives 2023

    Energy Technology Perspectives 2023

    Energy Technology Perspectives 2023 highlights major market and employment opportunities, as well as the emerging risks, for countries racing to lead the clean energy industries of today and tomorrow. The energy world is at the dawn of a new industrial age – the age of clean energy technology manufacturing – that is creating major new markets and millions of jobs but also raising new risks, prompting countries across the globe to devise industrial strategies to secure their place in the new global energy economy, according to a major new IEA report. Read More…


Featured Article

Access Management for Your Plant and Machinery

With PILZ’s “Identification and Access Management” portfolio, they offer you a comprehensive range of products, solutions and software for the implementation of safety as well as security tasks. Below you’ll discover more about potential applications, from simple authentication to complex access permissions, and access management through to safe operating mode selection, maintenance safeguarding and safeguarding of data and networks. Experience safety and security in one system!

This solution ensures that a machine cannot resume operation while people are still in the danger zone. The maintenance safeguarding system “key-in-pocket” is designed for machines with danger zones, which are protected by a safety fence and which staff need to access – robot cells for example. In comparison with conventional lockout-tagout (LOTO) systems, maintenance safeguarding with the key-in-pocket solution is implemented via RFID keys with corresponding permissions and a safe list in the PILZ controllers. As a result, it provides a purely electronic restart protection and makes both mechanical interlocking devices and warning tags redundant.

Read more


Products

  • The One Stop Shop for Industrial Sensors

    January 30, 2023 POSITAL understands how frustrating and costly it can be when your operations are standing still because of a broken encoder. They are here to help! The new webshop of POSITAL aims to make it easier for purchasers or MRO customers to get the parts they need to keep their machines running and… Read More…

  • New Schmalz End-of-Arm Tooling Components from AutomationDirect

    January 30, 2023 AutomationDirect now offers end-of-arm tooling components for robot arm vacuum pick-and-place applications. Components can be purchased individually or in kits that include everything needed to create a single-beam or dual-beam end-of-arm tool. End-of-arm tooling components for vacuum pick-and-place systems are used to create tooling that connects to the end of a robot… Read More…