Véhicule électrique — Volet 2 ### 📋 Eligible Entities - Canadian-controlled private corporations (CCPCs) - Small and medium-sized enterprises (SMEs) operating in Canada - Businesses actively engaged in electric vehicle (EV) or battery technology development - Established companies with demonstrated capacity to execute R&D projects - Entities must have a permanent establishment in Canada - Foreign-owned subsidiaries operating as Canadian corporations may qualify if they meet CCPC or SME criteria ### 💰 Funding Details - Maximum grant amount: $1,000,000 CAD per project - Grant type: Non-repayable contribution (grant, not loan) - Matching requirement: Typically 50% cost-sharing (applicant must contribute minimum 50% of eligible project costs) - Total eligible project cost: Minimum $2,000,000 (based on standard 50/50 matching) - Funding covers: Up to 50% of eligible project expenses - No repayment obligation — funds do not need to be returned ### 🛠️ Approved Expenses - Research & Development (R&D) payroll — salaries for scientists, engineers, and technical staff directly involved in EV/battery projects - Technology development and prototyping — design, engineering, and prototype creation - Testing and validation activities — laboratory testing, performance validation, safety certification - Battery technology development — chemistry, materials, cell design, pack integration - Equipment and instrumentation — specialized testing equipment, tools, and devices - Third-party consulting and expertise — contracted technical services and professional fees - Materials and components — for R&D purposes (not for commercial production) - Documentation and intellectual property — filing and protecting patents related to EV/battery innovations ### ⚠️ Conditions & Milestones - Project timeline: Typically 24–36 months (varies by proposal scope) - Deliverables required: - Progress reports at defined milestones (usually quarterly or semi-annually) - Technical documentation of developments