Honda commits to $11B EV hub in Canada, to start in 2028
by Green Car Reports
Green Car Reports— Honda on Thursday announced plans to push its EV supply chain into Canada, in a move that it said recognizes "the long-term attractiveness of the Canadian EV manufacturing ecosystem.” The investment is significant—$11 billion U.S. dollars, including investments by joint-venture partners—but it doesn’t yet actually commit to
Green Car Reports—Toyota 3-row EVs, lower-priced Ford EVs, Honda EV hubs, Mazda EZ-6: Today’s Car News. Ford EVs are losing money, but hope is on the way with a next generation of vehicles. Mazda shows an appealing electric sedan so far limited to China. Toyota plans a second U.S.-made three-row electric SUV. And Honda is creating another EV hub in Canada. This and more, here at Green Car Reports. More lower-priced Ford EVs are on the way, the automaker said
Japan Today—Honda announces $11 bil EV battery and vehicle plant in Canada. 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)
Tech Times—Honda Will Establish $11 Billion Worth of EV Value Chain in Canada. Honda announced plans to invest $11 billion in Ontario, Canada, to establish a comprehensive EV value chain.