Improving Canada’s Fuel Economy Standards with the Automotive Innovation Fund
Environmentally-friendly vehicles have come a long way in terms of technological advancement and efficiency, but as with anything, there’s always room for improvement. The Automotive Innovation Fund (AIF) is a new program that aims to do just that by providing funding for vehicle and powertrain assembly operations associated with significant automotive innovation to support large-scale […]
The Automotive Innovation Fund
The Automotive Innovation Fund (AIF) was established in 2008 to support research and development projects to build more fuel-efficient vehicles. Managed by Industry Canada, the AIF reviews proposals of more than $75 million over 5 years, including vehicle and powertrain assembly, large-scale automotive Innovation, and other R&D initiatives. For example, in 2009, AIF awarded$54.8 million […]