Honda Motor plans to build an EV production base in Ontario, it said on Thursday, a C$15 billion ($11 billion) investment that will mark the Japanese automaker's largest ever in Canada.
Honda Motor is set to transform Ontario's automotive landscape with a massive $11 billion investment to establish a North American Electric Vehicle Center. This groundbreaking initiative aims to devel
The figure includes investment by joint venture partners, and the aim is to start producing EVs in 2028, Honda said. The company will manufacture 240,000 vehicles a year at the facility, while a standalone battery plant in Alliston,
Honda is establishing Canada's first comprehensive EV supply chain Honda will spend $11 billion to establish a comprehensive EV supply chain in the province of Ontario. Honda is going north of the border for the second stage in its North American EV expansion.
Prime Minister Justin Trudeau and Ontario Premier Doug Ford are celebrating Japanese auto giant Honda’s $15-billion investment to build four EV plants in Ontario as 'a game-changer for the industry.'
Honda confirms plans to spend C$15B in building an electric vehicle manufacturing plant and battery plant in Canada, supported by financial aid from the government.
Honda to strengthen electric vehicle (EV) supply system and capability with an eye toward a future increase in EV demand in North AmericaHonda to support global initiative to make BEVs
Japanese auto giant Honda announced Thursday the largest automotive investment in Canada's history, worth $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) will start rolling off the new assembly line in 2028.