Six projects get $11.5M to develop technologies for cars of the future
Funding will support the development of lighter, more fuel-efficient cars that emit fewer greenhouse gases.
MISSISSAUGA, Ont. — An $11.5 million federal government investment in automotive technology will create up to 80 jobs in BC, Ontario and Quebec.
The funding for six new projects through the Automotive Supplier Innovation Program will support the development of lighter, more fuel-efficient cars that emit fewer greenhouse gases.
Datec Coating Corp. in Mississauga, Ont. will receive up to $1.3 million to develop technologies that will improve heating management systems for electric and hybrid car cabins, lithium-ion batteries and engine fluids.
Tyromer Inc. in Windsor, Ont. is getting up to $3.4 million to use recycled scrap rubber for sealing car windows and doors.
Up to $1.7 million will go to Eurospec Manufacturing Inc. in Newmarket, Ont. to develop a best-in-class automotive seat adjustment mechanism.
Loop Energy Inc. in Burnaby, BC will get up to $787,000 to develop a fuel cell that will generate more power.
TM4 Inc. in Boucherville, Que. will receive up to $4 million to develop a low-cost, high-performance electric engine for light trucks.
And up to $272,000 will go to Advanced Technology Emission Solutions Inc. in Hamilton to developing a catalytic converter that reduces greenhouse gas emissions from tailpipes.