ON Press Release funding March 29 2021

Ontario Partners with Auto Industry to Boost Supply Chain Competitiveness

Original Press Release, news.ontario.ca, March 29, 2021

Ontario’s 2021 Budget announced further support for the auto sector by investing $56.4 million over the next four years to create the Ontario Vehicle Innovation Network (OVIN). OVIN will build on successful elements of the Autonomous Vehicle Innovation Network (AVIN), accelerating the development of next generation electric, connected and autonomous vehicle and mobility technologies, as well as supporting Ontario’s role as the manufacturing hub of Canada. OVIN will also encourage collaboration between small- and medium-sized enterprises, academia, the auto industry and the battery sector, including critical minerals development in Ontario’s North. This will ensure MEDJCT stakeholders in the automotive and associated sectors across the province have access to the support they need to prepare for and build the next generation of vehicles.

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