TSXV:FL - Post Discussion
Post by
tickerhit on Jan 09, 2024 10:31am
Honda considering $18.4-billion electric vehicle and
battery plant in Canada: report
TORONTO — Honda Motor Co. Ltd. could invest upwards of $18.4 billion in an electric vehicle plant in Canada, according to a report from a Japanese news outlet. Nikkei Asia said on Jan. 7 that Honda is considering building both a vehicle and battery plant in the country as part of efforts to catch up in the electric vehicle market. The report said Honda is looking at several sites, including next to its existing plant in Alliston, Ont., with a potential investment decision expected by the end of the year.
Full Report https://financialpost.com/commodities/energy/electric-vehicles/honda-considering-18-4-billion-battery-plant-canada
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