Honda planning to expand its electric vehicle efforts in Canada, Toyota expands in Indiana
Release time：2024-05-21 15:23:41 Source：International Identities news portal
Honda plans to invest $11 billion, with the help of joint venture partners, to build out its electric vehicle efforts in Canada as it prepares for future demand in North America for the automobiles.
The company said Thursday that it has started evaluating the requirements to build an EV plant and a separate EV battery plant in Ontario. It already has two manufacturing plants there that have 4,200 employees. Honda expects to add at least 1,000 more workers for the two new facilities.
The EV plant, once fully operational, will have a production capacity of 240,000 EVs per year and the battery plant will have a capacity of 36 GWh per year.
There’s also plans for a cathode active material and precursor processing plant through a joint venture partnership with POSCO Future M Co. and a separator plant through a joint venture partnership with Asahi Kasei Corp.
- Previous：Supreme Court declines to hear challenge to Maryland ban on rifles known as assault weapons
- Next：Revealed: Brit tourist, 19, subjected to sex attack in Majorca 'was gang
Related articles
- US overdose deaths dropped in 2023, the first time since 2018
- State Councilor stresses need for elderly care meal services, continuous post
- China draws with Singapore in 2026 FIFA World Cup qualifier
- 2024 IFSC Climbing World Cup to open in China's Shaoxing
- Candice Swanepoel stuns in a form
- Flood relief work strengthened in China's Guangdong
- Yemen's Houthi rebels claim downing US Reaper drone
- 'Ice city' sees booming tourism
- Amtrak train hits pickup truck in upstate New York, 3 dead including child
- Universal Beijing Resort temporarily closes amid Beijing's increasing COVID
- Pope trip to Luxembourg, Belgium confirmed for September, 2 weeks after challenging Asia visit
- Passage of harsh anti
- China prepares to launch Chang'e
- Housekeeper contest of boutique homestays held in Beijing's Yanqing district
- College baseball notebook: Conference tournaments to decide NCAA automatic bids and many at
- Greece expects more Chinese visitors with extra direct air links
- Revealed: The top five '6', '8' and '10's' in the Premier League are ranked
- Beijing water town to roll out immersive autumn experience
- Kate Hudson hits the stage to debut songs from her new album Glorious at star
- Robin Goodfellow's racing tips: Best bets for Friday, April 26
Random recommendation