Electric Vehicle (EV) — Stream 2

Electric Vehicle (EV) — Stream 2

Money for electric vehicle related technologies

At a glance

Eligible Funding
  • Max. $1,000,000
Timeline
  • Open Date : April 03, 2023
  • Closing date : November 07, 2023
Financing Type
Grant and Funding
Eligible Industries
  • All industries
Grant Providers
  • Ontario Vehicle Innovation Network (OVIN)
Status
Closed

Overview

Receive up to $1 million in funding toward the development, testing and validation of electric vehicle (EV) and battery-focused technologies.

Eligibility criteria

Eligibility criteria for the R&D Partnership Fund – Electric Vehicle (EV) Stream 2 grant:

  • Applicants must be Small and Medium Enterprises (SMEs) with fewer than 500 global, full-time employees operating in Ontario.
  • Projects should be related to electric vehicle (EV) and battery manufacturing technologies with a total budget of up to $3,000,000 over 24 months.
  • Projects should be at Technology Readiness Level 3-9 and focus on technology development, demonstration, and validation.
  • Partnerships should demonstrate potential for commercialization, collaboration, and societal benefits.

Who is eligible

Eligible Applicants for the R&D Partnership Fund – Electric Vehicle (EV) Stream 2 grant include Small and Medium Enterprises (SME) with fewer than 500 global, full-time employees operating in Ontario.

  • Small and medium enterprises (SMEs)
  • National and multinational enterprises (NEs and MNEs)
  • Academic institutions (as clients only)
  • Municipalities
  • Indigenous communities
  • Not-for-profit organizations representing industry
  • Crown Corporations
  • Transit Authorities

Who is not eligible

Companies that are not eligible for this grant are:

  • Companies with more than 500 global, full-time employees
  • Companies that do not have operations in Ontario and do not carry out their project in Ontario

Eligible expenses

Eligible expenses under the R&D Partnership Fund – Electric Vehicle (EV) Stream 2 grant include costs related to technology development, demonstration, product/service validation, testing, and piloting in the electric vehicle and battery manufacturing sectors. These expenses should align with the program's objectives and focus on advancing Ontario-made technologies.

  • Technology development
  • Demonstration activities
  • Product/service validation costs
  • Testing expenses
  • Piloting activities

Eligible projects & activities

There are eligible projects for this grant. Eligible activities include technology development, demonstration, product/service validation, testing, and piloting in the electric vehicle and battery manufacturing technologies sector.

  • Technology development in EV and battery-focused technologies
  • Demonstration of Ontario-made technologies
  • Product/service validation
  • Testing and piloting of EV-related technologies

Evaluation & selection criteria

There are evaluation and selection criteria for this grant.

  • Projects should be at Technology Readiness Level 3-9.
  • Demonstration of actual products that can be showcased in Ontario.
  • Close collaboration and scalable outcomes with high potential for commercialization.
  • Strong commercial pull, competitive advantage, and alignment with program benefits.

How to apply

  • Step 1: Complete a client intake form to inquire about the program and open an application.
  • Step 2: An OCI Business Development Manager will contact you to discuss the opportunity and assist you.
  • Step 3: Your OCI BD will maintain oversight responsibility for the OCI components of any approved project.
  • Step 4: Reference documentation (Program Guidelines, OCI Funding Agreement, Eligible Expenditures Guide, Full Proposal Questionnaire, Letter of Support Template, Data and Information Sharing Protocol documents) are available on the OVIN Resource Document Page.

Documents and links

Electric Vehicle (EV) — Stream 2

Apply to this program