Canada Announce $15 Billion Honda EV Plant Deal in Ontario

April 25, 2024 Canadmin Canadian Business, Canadian News, Motors

</p> <h2>Canada announce $15 billion Honda EV plant deal in Ontario | LIVE</h2> <p> Japanese automaker Honda is putting $15 billion into their Ontario operations with a new electric vehicle manufacturing plant in Alliston, Ont. with a joint $5 billion coming from the federal and Ontario governments.<br /> Prime Minister Justin Trudeau, Ontario Premier Doug Ford and Honda executives made the announcement at the Alliston plant Thursday morning.<br /> “This is a historic day with the largest auto investment in Canada’s history,” Trudeau said at the start of his remarks Thursday morning.<br /> “With this investment we will be creating Canada’s first electric vehicle supply chain from start to finish.”<br /> The $15 billion project also includes plans to retool the existing Alliston plant to make solely electric vehicles, build a battery plant nearby and two battery part facilities elsewhere in Ontario.<br /> Credit to : Global News</p> <p>

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