Honda Canada is Bolstering the Future of EV Manufacturing
In preparation for rising EV demand in North America, Honda has announced plans to build an EV value chain in Canada, with an investment of CAD$15bn (US$10bn).
The EV plant and EV battery plant will be based in Alliston, Ontario, where Honda expects electric vehicle production to begin in 2028. When fully operational, Honda aims for production capacity to reach 240,000 EVs per year.
Honda's commitment to carbon neutrality
Japanese vehicle manufacturer Honda was founded in 1948 and has been leading innovation in the field for 75 years, building automobiles, motorcycles and even aircraft.
In our Top 10: Hybrid Vehicles, we picked two of Honda’s hybrids - the Honda Civic and Honda Jazz.
Honda aims to reach carbon neutrality for all its products and corporate activities by 2050 and wants to make BEVs and FCEVs represent 100% of vehicle sales by 2040.
This new plant is one of many steps to achieve this. In addition to steadying the present employment level of 4,200 associates at its two existing manufacturing facilities in Ontario, Honda plans to add 1,000 new associates across its new EV and EV battery manufacturing facilities.
In other news, Honda has joined forces with Nissan in an EV mobility feasibility study. Read the full article here.
Honda's vision for electric vehicle manufacturing in Canada
Toshihiro Mibe, Global CEO of Honda, is proud of the progress that the company has made in its global initiatives towards the realisation of Honda’s 2050 carbon neutrality goal.
“In North America, following the initiative to establish our EV production system capability in the US, we will now begin formal discussions toward the establishment of a comprehensive EV value chain here in Canada, with the support of the governments of Canada and Ontario,” he said. “We will strengthen our EV supply system and capability with an eye toward a future increase in EV demand in North America.”
“Honda of Canada Manufacturing is one of the premier automotive manufacturing facilities in the world and for nearly forty years, our work has been guided by determination, innovation and a relentless drive to evolve,” said Jean Marc Leclerc, President and CEO of Honda Canada Inc. “Today’s announcement is a historic investment by a manufacturer in the Canadian auto industry. It proudly honours the highly skilled associates who have earned a global reputation for manufacturing excellence and represents Honda’s recognition of the long-term attractiveness of the Canadian electric vehicle manufacturing ecosystem.”
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