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WATERLOO — Two of the most important sectors of the Ontario economy — automotive and high tech — have converged in southern Ontario to form an economic cluster that is unique in North America.

The convergence has been driven mainly by the availability of software developers and other tech talent, Ross McKenzie, managing director of the Waterloo Centre for Automotive Research said Wednesday in an interview during the University of Waterloo's Autotech Symposium.

When the University’s senior leaders were looking for a service-related department to consider alternative energy vehicles, Central Stores answered the call and has added a hybrid service vehicle to its fleet.

Batteries with triple the range of those that currently power electric vehicles could be on the horizon after researchers at the University of Waterloo in central Ontario made a significant breakthrough in the technology.

The University of Waterloo will host innovators from around the world who have revolutionized business through disruptive technology for its fifth annual Waterloo Innovation Summit on September 14 and 15. With this year's conference theme 'Hacking the Future', influential speakers from a wide range of sectors will focus on discussions in foward-thinking and interactive conversations.