Is Ontario on a fast track to become a global leader in electric vehicles?

Written by Sophia Tareen, CNN

Ontario has been named a leader in developing electric vehicles by Ford Motor Company and BlueGreen Automotive, a not-for-profit organization that lobbies for environmentally friendly vehicles.

“Ontario is truly on a fast track to become a global leader in the transition to electric vehicles, and this recognition will open doors to more new jobs, more advanced manufacturing and better business conditions in an expanding market,” said Jain Panneerselvam, Ontario’s Minister of Economic Development, Trade and Employment, in a statement.

Manufacturing big-ticket items — like electric cars — is a nerve-wracking challenge.

Ford Motor Company is one of the biggest manufacturers of electric vehicles in the world, and it has opened an electric vehicle facility in Oakville, just a few minutes away from the Canadian province of Ontario, since 2015. It is also poised to roll out 13 electrified cars over the next five years.

“Last year alone, some 245,000 vehicles were produced in Oakville, and the local production of those vehicles provided jobs in a variety of sectors,” said Fraser Pierson, director of public affairs for Ford of Canada. “We’re proud to be a major, world-class manufacturer in the province of Ontario.”

More companies like Ford are expected to invest in Canada, where electric cars could account for 13% of the vehicle market by 2030. Currently, the country exports around 40% of all its vehicles, according to Bloomberg New Energy Finance.

BlueGreen Automotive, a not-for-profit organization that lobbies for environmentally friendly vehicles. Credit: BlueGreen Automotive

“Ontario is at the heart of Canada’s big, new and electrified mobility opportunity,” said Blythe Wells, executive director of BlueGreen Automotive. “Our traditional automotive industry has enjoyed market leadership, as well as a tremendous pace of innovation, as Ontario has pioneered next-generation manufacturing methods that have entailed large-scale, industry-wide investments.”

Manufacturing cars in Ontario is less expensive than most other locations, BlueGreen Automotive claims. A year-long building permit on a typical manufacturing site costs $4,400, which is almost 25% less than California and 37% less than Washington state, according to the organization.

Leave a Comment