Honda to build $11 billion electric vehicle hub in Canada
Honda 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 in ...