Honda Explores $14 Billion EV Plant in Canada
TL;DR Summary
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.
- Honda Eyes Plan to Build $14 Billion Canadian EV Plant: Nikkei Bloomberg
- Honda considering $18.4B EV plant in Canada CP24
- Honda considers $14 billion plan for EV production in Canada -Nikkei Yahoo Finance
- Honda considers $14 billion plan for EV production in Canada Autoblog
- Honda considers $14 billion plan for EV production in Canada, Nikkei reports Reuters Canada
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