Anthony Caputo’s order book at Can Art Aluminum Extrusion LP is a directory of the world’s most important automobile companies, all of them investing in EVs.
Automotive supply chains are being overhauled to build electric vehicles, and his Brampton, Ont.-based company will be an important node when they solidify since it has emerged as a leading supplier of one of the most important parts: the aluminum cases that protect the batteries, a tricky bit of engineering.
The cases must be both lightweight to help maximize the distance vehicles can travel between charges, and durable enough to keep the battery from exploding in a collision.
“We participate in 50 per cent of the (EV) program launches in North America in a meaningful way,” Caputo, chief executive and part-owner, said in an interview.
There’s Tesla Inc., of course, but also Ford Motor Co.’s battery-powered Mustang Mach E, which started selling in Canada last year, Rivian, and he name-drops Daimler AG’s Mercedes and Bayerische Motoren Werke AG (BMW) for good measure.