TORONTO — Honda Canada is set to build an electric vehicle battery plant near its auto manufacturing facility in Alliston, Ont., where it also plans to produce fully electric vehicles.
The Canadian Press has learned that the federal and Ontario governments will make the announcement this week.
That EV battery plant set to be built in St. Thomas, Ont., comes with a $7-billion capital price tag. That's on top of an existing 30 per cent Clean Technology Manufacturing investment tax credit on the cost of investments in new machinery and equipment. Prime Minister Justin Trudeau, Premier Doug Ford and Honda executives were on hand in March 2022 in Alliston when the Japanese automaker announced hybrid production at the facility, with $131.6 million in assistance from each of the two levels of government.
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Honda to build electric vehicles and battery plant in Ontario: CP sourcesHonda Canada is set to build an electric vehicle battery plant near its auto manufacturing facility in Alliston, Ont., where it also plans to produce fully electric vehicles.
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CP NewsAlert: Honda to build electric vehicles and battery plant in Ontario: sourcesTORONTO — Honda Canada is set to build an electric vehicle battery plant near its auto manufacturing facility in Alliston, Ont., where it also plans to produce fully electric vehicles.
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CP NewsAlert: Honda to build electric vehicles and battery plant in Ontario: sourcesTORONTO — Honda Canada is set to build an electric vehicle battery plant near its auto manufacturing facility in Alliston, Ont., where it also plans to...
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