Ottawa is investing in the car of the future with an $11.5-million grant for green auto research.
The McMaster Automotive Resource Centre (MARC) at McMaster University is expected to be complete by the end of 2012 at a total cost of $26 million.
The university had already committed $9.5 million as part of its vision to make the school the hub of advanced automotive research and development in Canada.
The centre will bring together researchers from the university, industry and government to collaborate on developing and testing new hybrid and electric powertrains, batteries and lightweight materials, all of which will ultimately result in cleaner and more fuel-efficient vehicles.
It’s expected the centre, believed to be one of a kind, will employ 120 to 150.
“There is nothing like this in the world,” said Gary Goodyear, minister of state for the Federal Economic Development Agency for southern Ontario, who made the funding announcement yesterday.
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