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.
Request Funding Information

Related Funding Opportunities

Explore similar funding opportunities that match your goals.

FCF & Conventional LoansOPEN
  • Taleawtxw Aboriginal Capital Corporation
Kawartha Lakes CFDC LendingOPEN
  • Kawartha Lakes CFDC
Venture CoachesOPEN
  • Venture Coaches
Hire an apprenticeOPEN
  • Ontario Ministry of Training, Colleges and Universities
Awesome Foundation Grant OPEN
  • The Awesome Foundation Grant

Other Grants and Funding by Region

More Grants and Funding by Industry

Barrier-Free GrantOPEN
  • City of Grande Prairie
VERGE Startup FundOPEN
  • VERGE Capital
Frontier GrowthOPEN
  • Frontier Growth
Starter Company Plus Program - HamiltonOPEN
  • Hamilton Business Centre
New Business Development GrantOPEN
  • City of Grand Prairie
PenfundOPEN
  • Penfund
BDC Growth & Transition CapitalOPEN
  • Business Development Bank of Canada
Women in TradeOPEN
  • Export Development Canada (EDC)
Walden VCOPEN
  • Walden VC