Exhibition Place’s sprawling 192-acre site has been selected as the perfect real-world testing ground for the new three-wheeled electric commuter cars, described by SARIT as an “affordable” means of travel that could be used to “ease traffic congestion and solve parking problems” in Toronto.
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Magna International Inc. has signed a strategic partnership with Sanctuary AI for the development of general purpose AI robots for use in the company’s manufacturing operations.
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Leading this digital transformation is Ganesh Iyer, Chief Technology Officer, Martinrea International Inc. Through his integrated role of Product Engineering, R&D and IT, at Martinrea, Ganesh brings extensive experience and knowledge to MiNDCAN Inc.
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“Identifying challenges in the business community and taking action to overcome them is the backbone of the 2024 to 2027 Economic Development Action Plan,” said City of Richmond Hill Regional Councillor Joe DiPaola, Chair of the Region’s Planning and Economic Development. “The 2024 to 2027 Action Plan builds on important work already underway to complement our partners’ efforts and drive economic prosperity together.”
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ventureLAB is thrilled to unveil the TechEdge program that propels startups by equipping them with the resources, insights and networks.
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York Region business and research leaders are welcoming a new strategy to help develop the regional economy and businesses.
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Magna is growing its electrification customer base with a newly awarded contract from a North America-based OEM to supply a specialized primary rear eDrive system for one of the company’s high-end niche vehicle platforms. The award reinforces Magna’s commitment to supporting the automotive industry’s short and long-term transformational needs.
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The selection process for cohort 7 was highly competitive, including a rigorous bootcamp to ensure the selected companies were primed for success in the hardware industry, which is notoriously known for long lead times for product validation and securing investment.
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ventureLAB is proud to announce the 3rd cohort of the Accelerate AI program. This transformative 6-month program is designed to champion the growth and scaling of AI startups, empowering them to deliver cutting-edge solutions and applications that tackle the challenges in the modern industry!
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$4.5 million for the next phase of the Hardware Catalyst Initiative, supporting 30 technology companies while creating and maintaining over 170 jobs in southern Ontario.
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It is no secret that the way people and goods move is changing. From the transition to hybrid or fully-electric cars to better the environment or drone delivery to support hospital capacity, there is no shortage of examples of ways innovation is propelling sustainability in our communities and moving us forward.
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The City of Markham and City of Vaughan, with funding from the Ontario Government through Ontario Vehicle Innovation Network (OVIN), officially launched the Demonstration Zone and are now inviting businesses to apply to demonstrate their mobility technologies. The first round of selected businesses will pilot their technologies in early 2024.
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Most of the team members call York Region home. “This allowed us to centrally serve customers across GTA and beyond, enabling consumers to buy and sell cars with just a click,” Ng explains. “Carity introduced an industry-first profit-sharing car selling program, which allows consumers to share in the profits when Carity resells their vehicle, while also guaranteeing a selling price and offering upfront payments.”
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Martinrea and Yamada have signed a memorandum of understanding allowing the two entities to work together in the Japanese market.
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The finished seats have the look and feel of seating materials that meet industry standards, while significantly reducing the environmental impact, Magna officials said.
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There were 19 York Region-based business to make the list.
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