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:2024-05-07 22:31:20 source:Earth Essence 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
  • Jordan stations 2 firefighting helicopters in Cyprus to help as summer fire season arrives
  • Winston Peters says Gaza 'a wasteland', criticises UN Security Council in speech
  • Coalition deals: What happens if things go wrong
  • Chiefs crush Moana 68
  • Former Alabama star player, athletic director Hootie Ingram dies at age 90
  • Harris blames Trump for abortion ban in Arizona 
  • RNZ's brand new current affairs show: 30 with Guyon Espiner
  • Some Auckland train services cancelled
Recommended content
  • Tornado causes extensive damage to small Oklahoma town as powerful storms hit central US
  • Judge orders Ohtani's ex
  • One killed in central Auckland crash
  • School attendance plan unambitious, raises health concerns
  • Trump's strategist push AI to help conservatives, all you need to know
  • 'Strong' quake hits West Coast