Honda Massive News for Ontario (Canada)Honda going All - In on EV production for Canada, Battery plants and Cathode production (multi Billions & Billions of investment dollars).
Honda's previously announced alignment with Mitsubishi and in turn, Mitsubishi's alignment with Frontier Lithium to supply the battery cathode raw material is all coming together rather quickly.
Hence, completion of phase 1 partnership agreement between Mitsubishi and Frontier is relatively swiftly completed.
It is likely that facility construction plans are already in the works.
Mitsubishi and Honda need "cathode" production material by 2027-2028.