Honda to build $11 billion electric vehicle hub in Canada
HMCHonda Motor(HMC) CNBC·2024-04-25 22:30

A Brand new Honda Pilot is displayed on the sales lot at Honda Marin on February 06, 2024 in San Rafael, California. DEROIT – Honda Motor and its joint venture partners plan to invest $11 billion in Ontario, Canada to create a "comprehensive EV value chain," the Japanese automaker announced Thursday. The company said the plans include new assembly and battery plants as well as other facilities to support production of the all-electric and fuel cell-powered vehicles. Honda said vehicle production will begin ...