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Ontario’s mobility revolution

In December 2021, the Ontario government announced a $56.4 million investment in the Ontario Vehicle Innovation Network (OVIN) for research and development in the autonomous vehicles (AVs), electric vehicles (EVs), and connected vehicles sector.
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Toronto skyline at dusk, reflected in the Inner Harbor Bay

In December 2021, the Ontario government announced a $56.4 million investment in the Ontario Vehicle Innovation Network (OVIN) for research and development in the autonomous vehicles (AVs), electric vehicles (EVs), and connected vehicles sector.

Get the report

Driven largely by the transition to a low carbon future, EVs are expected to account for more than 25% of all vehicles sold by 2030. 

In this report, we examine the risks and benefits accompanying autonomous and electric vehicles.

What you’ll learn:

  • How are AV and EV trending in Ontario?
    Ontario, already a sizable hub for EV and battery production, is beginning to see the launch and growth of start-ups focused on AV technology.

  • What is the complexity of risk factors for AV/EV?
    AV/EV introduce dynamic risks in the driving environment, manufacturing, and maintenance.

  • What are the underwriting and loss control considerations?
    There are many, including data-driven risk control and the potentially positive impacts of AV in crash notification and claims.

  • How is liability in mobility evolving?
    With AV and EV, liability for accidents will likely shift to other sources — with the vehicle manufacturer and its technology providers becoming principal targets for responsibility.