Honda EV and Battery Complex in Ontario
Sector: Automotive • Location: Alliston, Ontario, Canada
Source: Financial Post
Honda is delaying its planned $15 billion investment in a battery and electric vehicle complex in Ontario by around two years. The project includes an EV assembly plant, battery-cell manufacturing, and active cathode material plants, with a possible battery recycling operation. The project was originally announced in April 2024 with production expected to begin by 2028 and an eventual production c
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | Delayed |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Honda is delaying its planned $15 billion investment in a battery and electric vehicle complex in Ontario by around two years. The project includes an EV assembly plant, battery-cell manufacturing, and active cathode material plants, with a possible battery recycling operation. The project was originally announced in April 2024 with production expected to begin by 2028 and an eventual production capacity of 240,000 EVs per year. The delay is part of Honda's shift in strategy to reduce global EV investment by 30% and focus more on hybrid-electric vehicles. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |