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Honda Will Spend $11B To Build EVs, Battery Packs In Canada | Honda has been building cars in Canada since the 1980s, but now it wants to go electric and have a complete local supply chain.
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.
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. This will be Honda’s first “next-generation” EV, and its design will likely serve as the basis for future models, including the crossover that enters production in Ontario in 2027. Honda also wants to turn its Ohio manufacturing facilities in the US into an "EV hub" where it plans to start electric vehicle production in 2025.
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