McGuinty announces investment of up to $16.7 million for Electrovaya
Toronto’s Electrovaya Inc. announced that Ontario's Premier Dalton McGuinty has committed an investment of up to $16.7 million to support battery research and pre-commercialization activities at Electrovaya.
The Premier mentioned, "Ontario has the skilled workforce, the positive investment climate and the commitment to innovation to transform new ideas into jobs for Ontario families. Together we can develop new and sustainable products that we can market to the world."
"We’re proud to support a globally competitive technology that creates jobs in right here in Mississauga. By putting more electric vehicles on our roads we can help reduce emissions and protect our sensitive environment for future generations." said Charles Sousa, MPP Mississauga South
"The support from the Government of Ontario allows us to accelerate our growth plans and bring our technology to market sooner. We are excited to be adding to our team and increasing our innovation and technology capabilities in Mississauga." said Dr. Sankar Das Gupta, CEO of Electrovaya.