Grants and Contributions:

Title:

Driving hydrogen-electric trucks toward diesel cost parity through systematic cost reduction and Canadian supply chain vertical integration

Agreement Number:

1033401

Agreement Value:

$400,000.00

Agreement Date:

Oct 1, 2025 - Feb 8, 2027

Description:

Elemental Trucks is developing a next-gen hydrogen fuel cell Class 8 truck with superior performance and cost efficiency. Key innovations include a new chassis design, improved fuel cell and battery integration, AI-driven energy management, hybrid powertrains, and optimized thermal management. Designed in Canada, our truck targets a $7–10B domestic market, leveraging strong policy support and top-tier talent. Ideal for heavy-haul, urban, and cold chain fleets, it offers long range, fast refueling, high payload capacity, and zero emissions. By 2030, our trucks aim to reach TCO parity with diesel.

Organization:

National Research Council Canada

Expected Results:

The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization

Location:

Toronto, Ontario, CA M9W 2Z4

Reference Number:

172-2025-2026-Q2-1033401

Agreement Type:

Contribution

Report Type:

Grants and Contributions

Recipient Business Number:

716948302

Recipient Type:

For-profit organization

Recipient's Legal Name:

Elemental Trucks Incorporated

Federal Riding Name:

Etobicoke North

Federal Riding Number:

35029

Program:

Industrial Research Assistance Program – Contributions to Firms

Program Purpose:

Coverage:

IRAP Contributions to Firms projects stimulate wealth creation for Canada through technological innovation.

NAICS Code:

336120