FLO became a leader in electric vehicle (EV) charging in North America by integrating the process from start to finish: manufacturing charging stations, developing software and managing its network. To stay ahead of the curve in a fast-moving, innovation-driven market, the company turned to the Fonds de solidarité FTQ to support its growth.
For a long time, the transportation sector consisted mostly of men. In the past ten years or so, more and more women can be found around discussion tables, in management roles and on executive boards of different leading corporations and organizations in our ecosystem.
Electric and smart transportation sector (EST) financing is a key element, both for start-ups and well-established organizations. Despite the multitude of economic and environmental opportunities stemming from EST, many investors are unfamiliar with our sector. Making a name for yourself with the right people, at the right time, in the right way, a seemingly insurmountable conundrum, can prove itself accessible if you have the right keys!
The lithium-ion battery sector is a key player in the future of electric and smart transportation in Quebec. Increasing announcements are highlighting the economic and environmental implications both locally and internationally.
The electrification of transport is unavoidable, meaning the industry will need to undergo a major transformation and adaptation of products. Re-engineering is necessary to optimize products and make them perform. To accelerate your transition to electrification, we propose 3 strategies focused on the development of new technologies and suppliers.
We have all, at one time or another, witnessed the poor execution of a great idea.
The first film adaptation of Frank Herbert’s masterpiece Dune, by David Lynch in 1984, is a prime example of this phenomenon—but the same thing can happen with construction projects.
How can we make it work?
Here are some elements that, while not exhaustive, can help limit the risks of failure.
FLO| AddÉnergie, a company specializing in electric vehicle charging stations, is a manufacturer, network manager and software developer all in one. The three areas of expertise give it a huge advantage in the promising North American electrification market, and the Fonds is proud to be financing its efforts.
At the moment, when the transportation industry was reaching a steady point of maturity, the idea of electric powered transportation arrived and shook up the entire industry. The electrification of transportation affects many functions within manufacturing companies, both in terms of developing technologies and the speed at which they are developed. Companies must now be constantly adapting to this now ever-evolving industry whether it be in the engineering, manufacturing operation or procurement process. In order to navigate these changes with ease, it is critical that companies develop a strategy, to understand the speed of product evolution and how it impacts one’s factory and supply chain.
The story of smart, autonomous transportation began nearly half a century ago. In the early 1980s, avionics systems started to replace more traditional mechanical and hydraulic systems through calculators and embedded software. To tackle this challenge, different standards were created to guarantee the functional safety of these embedded systems, namely the DO-178 standard, which has been updated twice to address growing complexity in recent software.
Integrating technology is now essential to remaining competitive and meeting ever-changing demand. A good way to guarantee a successful digital shift is to put people first. Learn how.