How to resolve AdBlock issue? Taiga collects $50M in public funding for new Quebec plant
- Details
- July 14, 2021
Click image to enlargeTaiga Motors Corp., a manufacturer of electric off-road vehicles has raised a combined $50M in support from federal, provincial and municipal governments for its Shawinigan Mass-Production Assembly Facility.
The facility planned for in Shawinigan, Que., will produce electric snowmobiles and watercrafts, along with their associated battery packs and powertrain systems.
The project represents a total investment of approximately $125,17 million. Taiga will receive $10 million in federal funding, $30 million in provincial funding and $10 million in municipal funding.
Taiga says this funding will accelerate production of its off-road vehicle platforms and powertrains while simultaneously optimizing and automating the battery production.
"This factory will allow Taiga to become the first Canadian EV manufacturer to integrate both automated powertrain assemblies and electric vehicle platforms under one roof,” says Samuel Bruneau, CEO and co-founder of Taiga. “Thanks to the financing provided by the federal, provincial and municipal governments, we will be able to rapidly increase manufacturing capacity while continuing to drive innovation so that Quebec and Canada can remain leaders disrupting the global powersports market towards a more positive future of outdoor exploration without compromise."
The facility will use a vertically integrated and modular approach, leveraging proprietary software and hardware technology across vehicle builds for increased economies of scale and reduced development times for new vehicles.
Advancements in automated manufacturing have allowed Taiga to innovate in electric powertrain production processes that will drive down costs to accelerate electrification in the off-road sector.
The highly advanced high-volume powersport production facility is expected to become operational in the second half of 2022 with manufacture of Taiga personal watercrafts and snowmobiles, alongside built-in flexibility for new off-road vehicles as they are brought to market. In parallel with vehicle production, the Shawinigan facility is capable of an annual production of three (3) gigawatt hours-worth of battery modules and packs.
The projected is expected to create 370 high quality jobs and to develop a local supply chain of materials and components.
The Globe and Mail has published its “GTA’s Top Employers 2019” list, and a number of companies in industries of relevance to Shop Metalworking Technology readers have made the cut.
Komet and its Ontario Service Partner, Castelar Tool & Grinding Inc., celebrated their partnership and the opening of a new facility in Mississauga, ON, the first shared facility between Komet and a Service Partner.
|
Zero-emission vehicles (ZEVs), comprised of battery electric vehicles and plug-in hybrids, claimed 5.2% of total new motor vehicle registrations across Canada for 2021 – a significant jump from the 3.5% achieved in 2020, according to a report from DesRosiers Automotive Consultants and Statistics Canada.
DiPaolo expands with new hire Terry Kunath
Terry Kunath has joined DiPaolo Machine Tools as an applications engineer.
Electra evaluating development of second Battery Materials Refinery in North America
Toronto-based Electra Battery Materials Corporation has announced that as part of its growth strategy in support of the onshoring of electric vehicle supply chains in North America, it has begun preliminary discussions with the Government of Quebec to build a new cobalt refinery in Bécancour, Que., that will integrate with an emerging battery materials park in the province.
15th annual distributor joint open house
On May 4-5, 2022, four leading distributors will once again hold a joint open house event at their head office locations in Ontario.
Welding camp for kids
 There might have been some apprehension when the summer camp students first walked into the welding shop in St. Joseph High School in Edmonton, Alberta, but in short order, excitement soon took over and their attention was completely focused on all the arcs and sparks, while their imaginations ran wild with all of the possibilities of turning metal into something cool.
Canadian aerospace industry poised for growth: report
 Canada's aerospace industry will continue to be an economic driver in the country says new report The Canadian aerospace industry contributed 172,000 jobs and nearly $28 billion to the Canadian economy in 2013 and it's expected to continue to contribute to the country's growth in coming years according to a report from the Aerospace Industries Association of Canada (AIAC) in partnership with Industry Canada.
Record attendance at DMG/Mori Seiki USA event
More than 3200 visitors from more than 10 countries attended the DMG/Mori Seiki USA Innovation Days May 7-10, held at the company's US headquarters in Hoffman Estates, IL.
Lauak Canada nabs $3M federal loan
 Lauak Canada, a subsidiary of Ayherre, France-based aerospace firm Lauak, has received $3 million in repayable loans from the Canadian government.
First 3D manufactured bike frame
Renishaw and British bicycle manufacturer Empire Cycles have created what is being called the world's first 3D printed metal bike frame.
Hypertherm opens new waterjet facility
Hypertherm has opened a new 28,000 sq ft manufacturing facility and office in New Brighton, MN, to better service North American customers.
Schunk receives innovation award for intelligent gripper
Schunk is the recipient of the Hermes Award, a technology prize for innovation. Schunk received the award during the opening of the Hannover Messe for its Co-act Gripper JK1, an intelligent gripping module for human/robot collaboration.
Canada to consider safeguard steel tariffs
The federal government says it plans to seek industry input before it decides whether or not to impose tariffs on steel entering Canada from offshore suppliers.
Canadian manufacturing sales rebound
After falling in October and November 2014, Canadian manufacturing sales rebound in December 1.7 per cent, exceeding market expectations of 0.9 per cent, according to the latest figures from Statistics Canada. Stay In Touch
|
