Government of Canada further strengthening the electric vehicle manufacturing sector
Ottawa, Ontario – January 28, 2025 The Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, today announced new measures to further strengthen Canada’s electric vehicle (EV) manufacturing sector and position Canada as a global leader in the transition to a clean energy future.
“Canada has a strong and growing EV manufacturing sector, and our government is committed to supporting its continued success,” said Minister Champagne. “These new measures will help to attract investment, create jobs, and accelerate the adoption of EVs in Canada.”
The measures announced today include:
- Investing $500 million in new funding for the Strategic Innovation Fund to support research and development in EV manufacturing.
- Launching a new $100 million fund to help small and medium-sized businesses invest in EV manufacturing.
- Extending the Automotive Innovation Fund to include support for EV manufacturing.
- Working with provinces and territories to develop a national EV charging network.
- Introducing new regulations to require all new light-duty vehicles sold in Canada to be zero-emission vehicles by 2035.
These measures are part of the government’s broader plan to reduce emissions and transition to a clean energy future. The government has set a target of having 100% of new passenger vehicle sales be zero-emission vehicles by 2035. It is also investing in the development of a national EV charging network and providing incentives for consumers to purchase EVs.
The government’s investment in EV manufacturing is expected to create thousands of new jobs and help to grow Canada’s economy. It will also help to reduce emissions and improve air quality. This is a good news for all Canadians.
Government of Canada further strengthening the electric vehicle manufacturing sector
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