Worksport Secures $1.5M Grant
Worksport and its subsidiary, Terravis Energy Inc., have been granted $1.15 Million in matched funding from MITACS, the Mathematics of Information Technology and Complex Systems nonprofit Canadian national research organization, in partnership with the Canadian Federal government, the company announced.
The grant proposal was drafted by the Worksport and Prof. Sheldon Williamson and his research team at Ontario Tech University (OTU) and was peer-reviewed by technical experts from around the world in the fields of transportation electrification, power conversion systems, material characterization and hydrogen fuel cell construction, thermal analysis and battery management systems, the company said. Worksport officials believe the grant will open additional research opportunities and applications for the technology, the company said.
The Canadian Federal government’s support will allow Worksport and OTU to pursue implementation of the NPEV fast charging systems as well as any other related programs over the next two years, the company said. The prototype will be a 50-kW, NPEV fast-charging system, covering areas including transportation electrification, power conversion systems, material characterization and fuel cell construction, thermal analysis and battery management systems.
“The teams that were put together for this project have decades of R&D expertise in the areas of EV fast charging, battery technology, e-mobility, renewable energy systems, and hydrogen fuel cell technology. Our teams have been retroactively working on this novel, high power, sustainable, NPEV fast charging solution for the past several months,” said Williamson. “The tasks involved and the potential end results make it a one-of-a-kind project, not only within Canada, but also throughout North America. The NPEV fast charger project will also, without a doubt, position Canada at the forefront of e-mobility and smart grid development. We look forward to the first fully functional system demonstration at OTU within the next couple of months.”
“We have been working very hard in making the NPEV a reality and very soon we will be able to demonstrate its true potential. This is just the first step in this two-year, multimillion-dollar partnership with OTU, which will see R&D efforts from Worksport subsidiary Terravis Energy bring to market some very exciting and innovative products, specifically designed to achieve net zero emissions and make sustainability a way of life,” said Lorenzo H. Rossi, CEO Terravis Energy.
