Honda Will Spend $11B To Build EVs, Battery Packs In Canada

  • 📰 InsideEVs
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Car Car Headlines News

Car Car Latest News,Car Car Headlines

Honda has been building cars in Canada since the 1980s, and today it builds the Civic and CR-V, but it wants to go electric and have a complete local supply chain.

Today, Honda confirmed plans to expand its manufacturing presence in Canada to build electric vehicles. The Japanese automaker announced a massive $11 billion investment—the largest single automotive investment in Canada’s history—that will lead to the creation of new plants near its existing manufacturing campus in Alliston, Ontario, with the goal of beginning EV production in 2027.

Honda currently builds the CR-V and Civic in Canada, and it will add at least two new models by 2028. There is no word yet on what vehicles will roll out of the new factory, but Automotive News quotes an industry analyst who believes that the first will be a small Honda-badged electric crossover expected to debut in 2027, followed one year later by a larger Acura electric crossover.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 579. in CAR

Car Car Latest News, Car Car Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Honda EV Production Plan For Canada Comes Into FocusHonda has struck a deal with the governments of Canada and Ontario that will lead to building a battery factory for electric cars.
Source: cleantechnica - 🏆 565. / 51 Read more »