Honda to build electric vehicles and battery plant in Ontario, sources say


by CP24

CP24— 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...

CP24—Honda to get up to $5B in government help to build EV battery, assembly plants as part of $15B project in Ontario. Honda is set to build an electric vehicle battery plant next to its Alliston, Ont., assembly plant, which it is retooling to produce fully electric vehicles as part of a $15-billion project to create a supply chain in the province for the Japanese automaker. The plan - which includes up to $5 billion in public funds - is expected to see the two main plants create 1,000 jobs on top of retaining the existing 4,200 jobs at the assembly plant. That plant is set to produce up to 240,000 vehicles...

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.

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)