The growing demand for electric-powered vehicles means a bonanza for battery production and a quest for more efficient battery production to which Festo is contributing. In each of the last two years, Festo's revenues in electromobility have doubled. The battery accounts for between roughly 30 and 40 per cent of the value added in all-electric (EV) vehicles.
RidgeTech Automation Inc. has been recognized as a member of the Manufacturing Automation Category of Waterloo Region’s AutoTech Ecosystem. WaterlooEDC (Waterloo Economic Development Corporation) produced the AutoTech Ecosystem Infographic to illustrate the level of innovation in the automotive industry that exists in the Waterloo Region.
General Motors of Canada is proposing to build a 6.4 megawatt co-generation plant that will use renewable landfill gas as fuel to generate electricity and recover thermal energy to power and heat its St. Catharines Propulsion Plant.
Read more: General Motors Proposes Renewable Energy Project...
Connectivity and automation are creating new possibilities for innovation to enhance the capacity and competitiveness of Canada's transportation system. Enabled by powerful information technologies, smart infrastructure, and new sources of data, connected and automated vehicles will have far reaching impacts on trade, transportation, and the economy as a whole over the coming decades.
Ontario is partnering with Prodomax Automation Ltd. to help expand its facilities, creating 20 new jobs and retaining 133 positions in Barrie.
Read more: Ontario and Prodomax Automation create 20 new jobs
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