Honda’s $15B Ontario auto investment ‘huge opportunity’ for Windsor
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Honda plans to build two new electric crossover models by early 2028 in Ontario and will require multiple plants in more than one centralized location, says AutoForecast Solutions’ Sam Fiorani. Honda’s nearly $18-billion electrification plan for Ontario is expected to be formally announced as early as Thursday. The investment includes plants for electric vehicle and […]
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Honda to get up to $5B in government help to build EV battery, assembly plants as part of $15B project in Ontario
Honda is set to build an electric vehicle battery plant next to its Alliston, Ont., assembly plant, which it is retooling to produce fully electric vehicles as part of a $15-billion project to create a supply chain in the province for the Japanese automaker. The plan - which includes up to $5 billion in public funds - is expected to see the two main plants create 1,000 jobs on top of retaining the existing 4,200 jobs at the assembly plant. That plant is set to produce up to 240,000 vehicles...