What is ACE, Which businesses were forced to implement it|Quick homework help

Posted: March 16th, 2023

  1. What is ACE?  Which businesses were forced to implement it?
  2. What was UTC’s Corporate strategy for acquiring a company?

SOLUTION

ACE (Accelerated Commercialization of Electric Vehicles) is a program launched by the Canadian government in 2019 to accelerate the adoption of electric vehicles (EVs) in Canada. The program provides funding to businesses, municipalities, and Indigenous organizations to build new EV charging infrastructure and upgrade existing infrastructure. ACE aims to help Canada achieve its target of 100% zero-emission vehicle sales by 2040.

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