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E-mobility

E-Mobility

E-Mobility
in the
Toronto Region

Ontario is the only state or province in North America with five OEMs. GM, Ford, and Stellantis call Toronto Region home. Our region is well-position to support and grow your e-mobility business.

Toronto Global can help you get here!

We’re dedicated to delivering innovative solutions tailored to your specific business needs, to set the stage for your success in the business and financial capital of Canada.

How We Help International Businesses Setup in Canada

Your success is our business. Since 2017, our elite team of business advisors have helped over 200 international companies set up their businesses in Canada through a simple, yet highly effective framework. Our team can:

Deliver

tailored market information and industry business cases.

Connect

you to industry insiders for candid conversations on the ecosystem.

Advise

you on business grants and incentives applicable to your business.

cn tower toronto global toronto region

Facilitate

introductions to sector experts and all three levels of government.

Provide

guidance on site selection.

Conduct

a full review on the talent and market opportunities for your business.

Why Toronto Region is right for you:

  • Take advantage of Toronto Region’s extensive manufacturing talent and logistics infrastructure – along with Canada’s numerous Free Trade Agreements.
  • Research and develop in Canada’s top engineering university, University of Toronto, or alongside a number of EV and automotive research centres.
  • Build a strong supply chain with low-carbon critical minerals such as Lithium, Nickel, Cobalt, and more.

Companies choose the Toronto Region:

GM

Following a $1B investment from GM, and $500M investment from the federal and provincial government, GM opened Canada’s first large-scale EV plant in December 2022, and reopened production at their Oshawa plant.

Ford

Ford announced investment of $1.95B for upgrades to the Oakville assembly plant to produce batteries and five EV models starting in 2024.

Stellantis

Stellantis invested $3.4B to Brampton and Windsor plant to re-tool for more PHEV/EV production; Brampton plant received World Class Manufacturing award.

BYD

BYD opened a 45,000 square foot electric bus manufacturing plant in Newmarket to service the Toronto Transit Commission among other clients.

MAGNA

In February 2023, Magna announced a $470M investment to expand its operations across Ontario. The expansion includes a new battery enclosures facility in Brampton.

Learn more about Toronto Region’s end-to-end EV Innovation! Check out our blog here.

Spotlight:

Geotab

A globally successful telematics & IoT software as a service giant was created in the Toronto Region.

Founded in the year 2000, Geotab now has a global mosaic of customers such as Enterprise Rent-a-Car; the City of Madrid, Sacramento County, Caledonian Logistics and Kyocera. They are the first telematics outfit to surpass two million connected vehicles on a single platform. With over 2,000 employees worldwide in 30 office locations – Geotab processes over 40B data points daily.

Geotab’s global reach includes partnerships with Volvo, Ford, GM, PSA Groupe and SAP. Geotab is also a strategic partner with Deloitte’s Future of Mobility Solution Centre in Singapore. Acquisitions include FleetCarma and Strategic Telecom Solutions.

Already prepared for the coming wave of fleet electrification, Geotab has developed software for logistics companies to assess the ROI of fleet electrification, monitor battery life and temperature and optimize charging. With Geotab’s massive pool of data on 3,500 organizations and 179,000 light-duty fleet vehicles, they have estimated that 60% of North American logistics companies can access significant financial benefits from immediate electrification.

With continuous innovation as critical to the company’s success, Geotab created an in-house accelerator called Torque Labs to support the development of new business models and technologies for their growing platform.

The Torque Labs accelerator provides early-stage companies in verticals such as big data and analytics, fleet management, supply chain, autonomous vehicles, smart cities, asset management, IoT and hardware, electric vehicles and vehicle sharing with funding and access to Geotab’s resources and mentorship.

Recent investments:

Interested in learning more?

Ready to see what the Toronto Global team can do to support your business expansion in the Toronto Region?
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