BC CEV Sector Development
Advanced Research and Commercialization Program
The Advanced Research and Commercialization (ARC) Program is a fundamental part of the Province’s Clean Energy Vehicle (CEV) Program, designed to support the development of companies operating in the CEV sector, and to encourage international investment in the CEV sector in British Columbia. It is the intention of the ARC Program to provide reliable and targeted support to build on existing strengths or eliminate barriers for companies in the sector. The ARC Program will provide support to B.C. companies to invest in product development and commercialization activities through to long-term demonstration projects.
The following general groups of activities are eligible for funding under the ARC Program:
- Pre-commercial research and development of a BC-based CEV product, service or Technology;
- Commercialization of a BC-based CEV product, service or technology, including investments in manufacturing facilities or processes; and
- Use or demonstration of a BC-based CEV product, service, or technology.
For information on ARC program requirements and how to apply for funding, please visit the CEV ARC Program website at www.arcbc.ca. The ARC Program is administered by MNP LLP.
CEV Economic Opportunities Assessment Report
MNP LLP was engaged by the Ministry of Energy, Mines, and Petroleum Resources in 2016 to complete a report that would help set the economic development context within the CEV sector in B.C, and help guide government policy and actions to support the economic development of British Columbia’s CEV sector.
The report identifies competitive advantages B.C. enjoys related to economic opportunities in the CEV sector, including:
- An internationally recognised advanced automotive sector
- Highly qualified personnel and strong depth in local talent
- Progressive environmental policy
- A high adoption rate of CEVs
- A clean and abundant source of electricity
- B.C. is geographically well positioned to West Coast states and Asian markets
Based on the findings, the CEV sector is delivering jobs and significant economic opportunities to the province including:
- An estimated 198 companies and organizations involved in all aspects of the supply chain;
- 3,850 FTEs in total direct employment associated with CEV-related activities;
- $702.0 million in total economic output; and
- $373.0 million direct contribution to provincial GDP.
The report can be found here: CEV Economic Opportunities Assessment report(PDF, 2MB)