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Calling Chard: asparagus and leek risotto with chicken | SaltWireTOKYO - Honda Motor plans to build an EV production base in Ontario, it said on Thursday, a C$15 billion investment that will mark the Japanese automaker's largest ever in Canada.
In Canada, it intends to produce essential EV components through joint ventures with companies such as Asahi Kasei, setting up a production system that covers everything from materials to finished vehicles. Although EV demand has slowed globally, Honda executive Shinji Aoyama told reporters the EV supply network would help Honda achieve its goal for all of its North American sales to be either EVs or fuel cell vehicles by 2040.
The EV and battery plants will be constructed adjacent to existing four-wheeled vehicle and engine plants and the total workforce will increase by around 1,000 people from 4,200 now, Honda said.
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