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Honda EV and Battery Plant Construction in Ontario, Canada

Sector: Energy Storage • Location: Ontario, Canada

Source: 朝日新聞

Project
Suspended

Honda Motor Co. planned to build electric vehicle and battery factories in Ontario, Canada, aiming to start operations in 2028 with a maximum annual production capacity of 240,000 vehicles. The project included an estimated investment of C$15 billion and financial support from the Canadian federal and Ontario provincial governments. However, due to cooling demand in the U.S. market and policy chan

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The project “Honda EV and Battery Plant Construction in Ontario, Canada” is an infrastructure initiative in the Energy Storage sector, located in Ontario, Canada. Taiyo aggregates data on it from 朝日新聞.

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Participants

Sponsoring Agency

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Company

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Status

Original status

suspended

Taiyo status

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Taiyo last update

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Available timestamps

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Available timestamp type

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Contact

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Phone

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Email

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Address

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Description

Description

Honda Motor Co. planned to build electric vehicle and battery factories in Ontario, Canada, aiming to start operations in 2028 with a maximum annual production capacity of 240,000 vehicles. The project included an estimated investment of C$15 billion and financial support from the Canadian federal and Ontario provincial governments. However, due to cooling demand in the U.S. market and policy changes, Honda is finalizing plans to indefinitely suspend construction of these plants.

Original sub-sector

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Original Currency

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Original budget

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Procurement method

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Budget

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Location

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

obfuscated_data,obfuscateddata.com

More Details

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Article Published Date

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