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Honda Explores $14 Billion EV Plant in Canada

1 min read
Source: Bloomberg
Honda Explores $14 Billion EV Plant in Canada
Photo: Bloomberg
TL;DR

Honda Motor Co. is considering investing as much as $14 billion to build an electric vehicle plant in Canada, with plans to make a decision by the end of the year and potentially bring the new site online as soon as 2028, according to a report by Nikkei. The company is reportedly looking at several potential sites, including one next to an existing automobile factory in Ontario.

Topics:businessbusinessindustry#businessindustry#canada#electric-vehicles#honda#investment#manufacturing
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  1. Honda Eyes Plan to Build $14 Billion Canadian EV Plant: Nikkei  Bloomberg
  2. Honda considering $18.4B EV plant in Canada  CP24
  3. Honda considers $14 billion plan for EV production in Canada -Nikkei  Yahoo Finance
  4. Honda considers $14 billion plan for EV production in Canada  Autoblog
  5. Honda considers $14 billion plan for EV production in Canada, Nikkei reports  Reuters Canada

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