While General Motors is tying its decision to close its Oshawa, Ontario manufacturing facility to the rise of electric and autonomous vehicles, GM is not the only casualty of Canada’s inaction on clean transportation policy.
Other companies in the space are shifting their activities outside of Canada, opportunities within Canada are being missed, and Canadian cleantech leaders are losing their global competitive advantage, all for lack of a coherent national cleantech manufacturing strategy.
TM4 is one of several examples. The company is a world leader in electric vehicle motor powertrains. But its main manufacturing facility is in China, the world’s largest electric vehicle market, where TM4 products are produced under licence by Prestolite e-Propulsion Systems.