Hanon Systems secured C$10 million in government support from Canada for its electric compressor plant and R&D center in Vaughan, Ontario, within a total project valued at C$198.75 million. The plant targets up to 1.5 million compressors a year by 2034.
Westport Fuel Systems started production at its expanded product development and manufacturing facility in Cambridge, Ontario, producing GFI high-pressure fuel system components. Initial products shipped in December 2025 and capacity is ramping through Q1 2026.
Hanon Systems announced a new plant in Woodbridge, Ontario, to produce electric scroll compressors for hybrid and battery electric vehicles, with capacity of up to 900,000 units annually and about 300 planned jobs. Production is expected to start in the first half of 2025.
Raufoss is expanding in Boisbriand near Montréal with a $17.5 million investment expected to create 45 jobs for the automotive industry.
Hydro-Quebec will invest over CAN$25 million in 2020 to grow Dana TM4 and its electric powertrain business, with new operations in the UK, India and the US and 100 new jobs in Boucherville, Quebec.
Weichai Power's subsidiary Weichai HK acquired 46.1 million common shares, about 19.9% of Ballard Power Systems, in exchange for an equity investment of about US$163.6 million, a China joint venture, and a $90 million technology transfer program.
Ballard Power Systems acquired strategic testing, prototype production and lab assets from Automotive Fuel Cell Cooperation, which Daimler and Ford are winding down in Vancouver. The equipment covers about 11,000 square feet and adds capacity at Ballard's existing Vancouver facilities.
Dana Incorporated becomes majority shareholder of TM4, Hydro-Québec's electric motor and inverter subsidiary, for CA$165 million, with Hydro-Québec keeping 45%. TM4's Boucherville, Québec facility and 130 employees remain in place.