Linamar, Alectra and EnerTech Anchoring New California-Ontario Electric Mobility Axis
By Brian Banks
By joining a new California commercialization centre for mobility companies — and pairing that with a local strategic relationship — the partners seek a business edge that also helps advance Canada’s entire mobility ecosystem
A pair of announcements, a week apart, has revealed the emergence of a network of potentially powerful strategic commercialization partnerships, on both sides of the Canada-U.S. border, featuring some leading players in Ontario’s electric mobility sector.
On Wednesday, venture capital firm EnerTech Capital, tier-one auto parts manufacturer and supplier Linamar, municipal utility Alectra, along with Western University, unveiled the signing of a memorandum of understandingto foster R&D collaborations in the Ontario mobility sector.
That news followed last week’s announcement that Linamar had become the newest member of the California Mobility Center (CMC) and that Linda Hasenfratz, Linamar’s chief executive officer, had joined the CMC's board.