Honda announces $11 bil EV battery and vehicle plant in Canada

Japan Today— Japanese auto giant Honda announced Thursday the largest automotive investment in Canada's history, worth Can$15 billion (U.S.$11 billion), for a massive new EV battery and vehicle assembly plant. Honda chief executive Toshihiro Mibe told a joint news conference with Prime Minister Justin Trudeau and other officials that electric vehicles (EVs)

Japan Today—Honda to build major EV plant in Canada. Japanese auto giant Honda will open an electric vehicle plant in eastern Canada, a Canadian government source familiar with the multibillion-dollar project told AFP on Monday. The federal government as well as the province of Ontario, where the plant will be built, will both provide some financial incentives for the

CNBC—Honda to build $11 billion electric vehicle hub in Canada. Honda and its joint venture partners plan to invest $11 billion in Ontario, Canada, to create a "comprehensive EV value chain," the automaker announced.

CP24—Honda to build electric vehicles and battery plant in Ontario, sources say. Honda Canada is set to build an electric vehicle battery plant near its auto manufacturing facility in Alliston, Ont., where it also plans to produce fully electric vehicles, The Canadian Press has learned. Senior sources with information on the project confirmed the federal and Ontario governments will make the announcement this week, but were not yet able to give any dollar figures. However, comments Monday from Ontario Premier Doug Ford and Economic Development Minister Vic Fedeli...