Nova Bus receives $15M from feds toward $185M plant modernization
June 9, 2021 by Manufacturing AUTOMATION
Nova Bus is investing a total of $184.8 million in modernizing its manufacturing facilities and processes.
The Quebec-based transit bus manufacturer, which is part of the Volvo Group, will receive $15 million from the federal government toward the total investment to support the Nova Bus’ Transformation Project and electrification strategy, which began in 2017.
The plant modernization phase, which will increase production efficiency, began in the fall of 2020 with the expansion of the Saint-François-du-Lac facility and the addition of manufacturing capability in the Saint-Eustache area.
In addition, this will strengthen the company’s research and development abilities towards zero-emission transit buses.
“We are very proud to partner with the Canadian government in order to contribute to the innovative zero-emission vehicle manufacturing sector and help Canada to achieve its sustainability and greener economy targets,” says Martin Lundstedt, CEO of the Volvo Group, in a statement.