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2022 Investment Roundup
In 2022, we saw billions in investments in the automotive, advanced manufacturing and life sciences industries in Ontario, Canada.
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Ontario, Canada ranks top 5 for
FDI
into North America
In a world in economic flux, fDi Intelligence’s 2022 Global Greenfield Investment Trends reveals the province’s FDI investments show no sign of slowing down.
Canada’s
EV
battery supply chain surpasses U.S., a close 2
nd
to China
Canada places second in BloombergNEF’s global battery supply chain ranking, credited with strengths in raw materials, ESG factors and industrial infrastructure.
Introducing the Waabi Driver: the next generation of autonomous trucking tech
Waabi have unveiled the Waabi Driver, an AI-first autonomy stack as software designed for factory-level OEM integration, large-scale commercialization, and safe deployment.
Volkswagen partners with Ontario quantum leaders on battery development
Volkswagen teams up with Ontario-based quantum computing leader Xanadu to develop safer, lighter and more cost-effective EV battery materials.
Inflation Reduction Act and its impact on Korean automotive investment in Ontario
Since supply chain disruptions caused by the pandemic and U.S.–China trade war, Korea has been working with Canada to source core raw materials for EV batteries.
Project Arrow: a small glimpse into a bigger future
Those in attendance at the Automotive Parts and Manufacturers Association (APMA) conference on Wednesday October 19, 2022, in Windsor, Ontario, were treated to a sneak peek of Project Arrow.
Ontario reclaims the title as the best place in Canada to invest
Ontario receives Site Selection Magazine’s Canadian Competitiveness Award for sixth time in seven years.
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