Member LoginMember Login - User registration - Setup as front page - Add to favorites - Sitemap Honda planning to expand its electric vehicle efforts in Canada, Toyota expands in Indiana !

Honda planning to expand its electric vehicle efforts in Canada, Toyota expands in Indiana

Time:2024-05-21 09:39:04 source:Cultural Crossings 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.

Related information
  • Investigators return to Long Island home of Gilgo Beach serial killing suspect
  • London Marathon pays tribute to last year's winner Kelvin Kiptum, who died in car crash
  • Alesha Dixon storms off Britain's Got Talent stage following a contestant's 'offensive' act
  • Villa boosts push for Champions League qualification with 3
  • The government wants to buy their flood
  • Hong Kong loses ground as top container port amid change in status — Radio Free Asia
  • Liverpool stays in the hunt for the Premier League title with 3
  • Barcelona midfielder De Jong leaves 'clasico' on a stretcher after right leg injury
Recommended content
  • Baby Reindeer's real
  • Kawhi Leonard will miss Game 1 for Los Angeles Clippers against Dallas Mavericks
  • Korda 1 stroke back in suspended 3rd round of Chevron Championship as she chases 5th straight win
  • Appeals court keeps alive challenge to Pittsburgh's efforts to remove Columbus statue
  • College baseball notebook: Conference tournaments to decide NCAA automatic bids and many at
  • Tesla cuts some US electric vehicle prices after difficult week