The City of Oshawa announced that the Durham Region Innovation and Vehicle Ecosystem (Drive) has been designated as one of nine Regional Technology Development Sites by Ontario Vehicle Innovation Network (Ovin).
“The City of Oshawa and Durham Region are at the forefront of Canada’s mobility transformation, and Ovin’s support for Drive is a powerful endorsement of the region’s strengths,” said Oshawa Mayor Dan Carter. “By bringing together industry, academia and government, Drive is helping entrepreneurs accelerate innovation in electric and smart mobility, advanced manufacturing, rail, AI, cybersecurity, and micromobility – areas where Durham already excels.”
The City of Oshawa thanked the Government of Ontario for their investment in Drive, announced yesterday at Ontario Tech University’s Automotive Centre of Excellence. Ovin will invest up to $2 million in Drive, which has also secured over $2.4 million in matching industry investment and over $2.5 million in broader public sector supports that includes access to municipal pilot opportunities for real-world demonstration zones, mentorship, workspace and co-location services, and acceleration support.
Total investment of nearly $7 million
This establishes a total investment of nearly $7 million providing small- and medium-sized enterprises access to specialized equipment, advanced testing, opportunities to capital and advisory support to drive advanced automotive technologies, and smart mobility solutions forward.
These investments position Oshawa and Durham Region as leaders in next-generation mobility, advanced manufacturing, and smart transportation innovation.
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