Portrait & business opportunities of the TEI sector in Quebec

The implementation of the projectAssessment of the financing chain in the electric and intelligent transportation (EIT) sectormade it possible to highlight a clear picture of the financing-related challenges.

In parallel, Propulsion Québec launched in June 2022 the roadmap for electric and intelligent transportation (EIT), also calledAmbition EIT 2030to make our ecosystem a world-class leaderby 2030.

The alignment of the two exercises made it possible to identify two major objectives to be achieved for the ecosystem in terms of financing:

1. Increase fundingallocated to the different growth phases of companies in the EIT sector in Quebec;

2. Increase the attractiveness of the EIT sector from an investor perspectiveby promoting the emergence of a virtuous circle of growth for Quebec companies and the ecosystem.

In order to contribute to achieving the above objectives, Propulsion Québec is launchingtwo guidesas well as aOverview of the state of the EIT sector in Quebec.

Two guides related to company financing in the sector have been developed:

1 – INVESTORS

The first is a guide for investors. It seeks to increase the knowledge and interest of the Quebec and international investment community so they can progressively become more significantly involved with companies in the EIT sector.

See the investor guide

2 – ENTREPRENEURS

The second is a capital raising guide, dedicated to Quebec EIT sector entrepreneurs to support them in preparing to present their projects to potential investors.

See the capital raising guide

Overview of the state of the EIT sector in Quebec and business opportunities

Objectives

• Present the anticipated evolution of the EIT sector, its strengths, and Quebec's positioning

• Highlight five promising niches of the EIT sector in Quebec

• Present the vision and various structuring elements of the ecosystem's roadmap to make Quebec a leader by 2030

• Raise awareness of emerging technologies, business and commercialization models, as well as markets of interest for the EIT sector

See the EIT overview

Quebec is currently well positioned to aspire to become a world leader in the electric and intelligent transportation (EIT) industry.

Propulsion Québec, which has more than250 members, supports the growth of the sector through various structuring projects.

This report, intended for companies, investors and institutions from here and elsewhere, seeks to showcase the opportunity represented by this emerging sector in Quebec.