Business View Magazine | Volume 9, Issue 1

10 BUSINESS VIEW MAGAZINE VOLUME 9, ISSUE 1 Ontario’s auto industry and make the province more competitive for new investments in EV and CAV technologies. It will act as Ontario’s hub for the province-wide coordination of activities and resources related to EV and CAV research and commercialization. OVIN is anchored by six main objectives: • Bridge Ontario’s technology and manufacturing clusters to support the growth of Ontario’s automotive sector. • Advance the growth of regional clusters and world-class testing locations to drive the deployment, adoption, and piloting of smart mobility technologies across the province. • Deliver ongoing support for SMEs in commercializing technologies, scaling-up, attracting investment, and accessing global markets. • Strengthen Ontario’s automotive and mobility workforce and talent pipeline through skills development and training programs. • Drive public education, research, analysis, thought leadership activities, and raise awareness of the opportunities for Ontario – and our global competitive advantages. • Convene stakeholder groups, act as a bridge for collaborative partnerships, and serve as a concierge for new entrants into Ontario’s thriving ecosystem. Combined with the province’s $85 million investment in the previous Autonomous Vehicle Innovation Network (AVIN), Ontario’s total investment in this flagship initiative is almost $142 million. Bold new initiatives include: • An R&D Partnership Fund stream focused on electric vehicle and battery technologies Right now across our province, over 300 businesses are already working on inventing the future of clean, connected transportation