https://www.reuters.com/business/autos-transportation/honda-set-up-11-bln-ev-production-base-canada-2024-04-25/
Honda Motor (7267.T), opens new tab plans to invest C$15 billion ($11 billion) in new EV and battery production plants alongside its existing facilities in Ontario, it said on Thursday, the Japanese automaker's largest ever investment in Canada.The investment, announced by company executives and Canadian Prime Minister Justin Trudeau, signals Honda's expectation for more growth in North American demand for EVs.Like other Japanese car companies, Honda has been a relative latecomer to EVs, and is now pushing to better compete with fast-moving Chinese rivals.
Honda Canada 15b ev car factory, page-3
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