Bils articles
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Honda announces $11 bil EV battery and vehicle plant in Canada
Japanese auto giant Honda announced Thursday the largest automotive investment in Canada's history, worth Can$15 billion (U.S.$11 billion), for a massive new EV battery and vehicle assembly plant. Honda chief executive Toshihiro Mibe told a joint news conference with Prime Minister Justin Trudeau and other officials that electric vehicles (EVs)
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Gov't estimates Jan 1 quake cut Japan growth by ¥115 bil
The government on Tuesday estimated that a deadly earthquake that hit central Japan on New Year's Day had a negative economic impact of up to 115.0 billion yen in the first quarter of 2024, equivalent to less than 0.1 percent of nominal gross domestic product. The Cabinet Office released the
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Toyota to invest $1.4 bil to set up 2nd EV production site in U.S.
Toyota Motor Corp said Friday it will invest $1.4 billion in its factory in the U.S. state of Indiana to start producing electric vehicles from 2026, making it the company's second EV production site in the country after its Kentucky plant. The Japanese automaker will hire up to 340 new