Honda to build $11 billion electric vehicle hub in Canada
Publishing timestamp: 2024-04-25 11:57:06
Summary
Honda Motor and joint venture partners plan to invest $11 billion in Ontario, Canada to create a comprehensive EV value chain, including new assembly and battery plants. The investment is seen as a major win for Canada's automotive industry and is expected to create at least 1000 new jobs.
Sentiment: POSITIVE
Keywords: environment, transportation, breaking news: business, business news, canada, honda motor co ltd, autos, electric vehicles, business,
Source: https://www.cnbc.com/2024/04/25/honda-to-build-11-billion-electric-vehicle-hub-in-canada.html