R&D Partnership Fund – Electric Vehicle (EV) Stream 2

The R&D Partnership Fund – Electric Vehicle (EV) Stream 2, administered by the Ontario Vehicle Innovation Network (OVIN), offers financial support to small and medium-sized enterprises (SMEs) in Ontario for the development and demonstration of electric vehicle and battery manufacturing technologies.

Overview of the R&D Partnership Fund – Electric Vehicle (EV) Stream 2 program:

This program focuses on advancing Ontario's electric vehicle sector by funding projects that develop and demonstrate technologies in key areas, including: Mass light vehicles (cars, trucks, vans) Heavy-duty vehicles (commercial vehicles, trucks, buses, recreational vehicles) Charging infrastructure Intelligent Transportation Systems (ITS) Transit-supportive systems and vehicles Eligible technologies encompass light weighting, electrified powertrains, electric motors, transmission systems, battery management systems, EV batteries, battery materials and chemistry, component manufacturing processes, charging systems, EV fleet management technologies, hydrogen and alternative fuel cell EVs, and electric micro-mobility solutions.

Benefits of the R&D Partnership Fund – Electric Vehicle (EV) Stream 2 program:

Financial support to advance electric vehicle and battery technology projects.
Opportunities to commercialize Ontario-made technologies.
Demonstration of technologies to potential customers.
Collaboration with researchers to extend company R&D capabilities.
Development of marketable solutions to current industry challenges.
Fostering of public/private partnerships and collaboration.

Eligibility criteria of the R&D Partnership Fund – Electric Vehicle (EV) Stream 2 program:

Eligible applicants must:
Be small and medium-sized enterprises (SMEs) with fewer than 500 global, full-time employees.
Have operations in Ontario and conduct the project within the province.
Eligible partners include:
SMEs
National and multinational enterprises
Academic institutions (as clients only)
Municipalities
Indigenous communities
Not-for-profit organizations representing industry
Crown corporations
Transit authorities
Additional partners can join the project, with no limit on the number of partners. Partnerships should represent significant potential commercial opportunities for all parties.