Last week, the Honourable Filomena Tassi, Minister responsible for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), announced a combined repayable investment of more than $12 million for six manufacturers in the EV sector to expand production capabilities and adopt new equipment. One of those companies is Mississauga based, Electrovaya Inc. a pioneering leader in the global energy transformation, that received $2 million dollars to help the company expand its lithium-ion battery manufacturing capacity in order to meet the demand from the EV industry for its products.

To learn more about this government initiative and view all companies that received funding, click here.