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6th annual Future of Transportation and Mobility Series offers insightful glimpse into electrified transportation investment trends

HAMILTON, ONTARIO, November 1, 2023 – The sixth annual Future of Transportation and Mobility Series (FTMS) concluded after a morning of speakers and networking, drawing hundreds of innovators and stakeholders in transportation and mobility sector. Hosted by the Centre for Integrated Transportation and Mobility (CITM), Durham Regional Technology Development Site (DRTDS), and Windsor-Essex RTDS, and supported by Ontario Vehicle Innovation Network (OVIN), this year’s FTMS theme was, “Investments Driving Connected and Electrified Transportation”.

Now in its sixth installment, FTMS offered attendees a forward-looking investment perspective on the trajectory of connected transportation and the electrification of vehicles. Topics at this year’s conference included insights on investment trends, multi-modal goods movement, interconnected vehicles, and the impact of electrified municipal transportation on infrastructure. 

 “Our government is transforming our auto sector and creating the conditions for global companies to invest and grow, with confidence – and in the last three years alone, Ontario has attracted over $27 billion in automotive and EV battery investments,” said Vic Fedeli, Ontario Minister of Economic Development, Job Creation and Trade. “Events like the Future of Transportation and Mobility Series help promote the collaboration and knowledge sharing that makes our automotive sector cutting-edge and dynamic.”

Reflecting on the success of the event, Richard Dunda, Director at CITM, said, “Each year, FTMS highlights the tools and resources available for startups in the smart and electrified transportation innovation and technology sector. We are at the beginning of a mobility revolution, and uncovering public and private investment priorities plays a crucial role in driving the future of transportation forward.” 

Attendees heard from expert speakers from various prominent organizations within the smart, connected, and electrified transportation ecosystem such as Linamar Corporation, Lion Electric, Magna International, OMERS Ventures, Parsons Corporation, ETTRACTIVE Inc., and Venture Ontario. FTMS also featured a keynote speaker presentation from Danies Lee – CEO, NextStar Energy Inc. Stelantis and LG Energy Solution.

“Ontario is united in our push to lead the future of the automotive and mobility sector, with every corner of our province taking part in this vision. By leveraging our regional strengths and know-how, we will continue to be a leader on the global stage,” added Head of OVIN, Raed Kadri.

About the Centre for Integrated Transportation and Mobility

The Centre for Integrated Transportation and Mobility (CITM) is a business accelerator dedicated to supporting electrified, connected and autonomous vehicle innovations from ideation to commercialization and scale-up; and driving market adoption and new intellectual properties as well as increased revenues, investment and jobs. Matching innovators with industry, business development and technical expertise, CITM helps them find product-market fit, pilot projects, strategic connections, and growth opportunities. CITM also offers exclusive R&D resources to test and validate innovations through leading-edge test environments, technology platforms, rich datasets, and specialized labs. 


About OVIN

The Ontario Vehicle Innovation Network (OVIN) is an initiative of the Government of Ontario, led by the Ontario Centre of Innovation (OCI), designed to reinforce Ontario’s position as a North American leader in advanced automotive technology and smart mobility solutions such as connected, autonomous, electrified transportation and electric and low-carbon vehicle technologies.  Through resources such as research and development (R&D) support, talent and skills development, technology acceleration, business and technical supports, and demonstration grounds, OVIN provides a competitive advantage to Ontario-made automotive and mobility technology companies. 


Innovation Factory

Innovation Factory is a business accelerator, dedicated to helping Ontario-based businesses launch, scale, and succeed. We provide start-ups, and scaling companies with advisory services, training, mentorship, and strategic connections to help bring disruptive technologies to market, leverage intellectual property, increase revenues, attract investment and create jobs. Serving as the catalyst for tech innovation in the greater Hamilton area since 2011 we are driven to help: Entrepreneurs bring new ideas to life and to market Small/Medium Enterprises (SMEs) get to the next level Hamilton build a dynamic culture and a community of innovation Innovation can happen anywhere. Our goal is to make it work everywhere. We work to elevate key industry sectors including, advanced manufacturing, clean tech, information technology, integrated mobility, life sciences & health care and social innovations.

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