Asahi Kasei plans Canada separator plant to supply Honda [Yahoo! Finance]
Honda Motor Company, Ltd. (HMC)
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Source: Yahoo! Finance
ion battery (LIB) separators and had concluded a basic agreement with Honda Motor while the two parties were studying joint investment. Honda Motor was expected to announce plans to build a battery electric vehicle (BEV) factory in Canada's Ontario province. The automaker was understood to have agreed a deal for state aid with federal and provincial governments for the project which was expected to involve investment of close to US$10bn in new vehicle and battery manufacturing facilities to be built near the company's existing manufacturing operations in Alliston, just outside Toronto. Asahi Kasei Battery Separator, scheduled to be established in October 2024, would receive funding from the Development Bank of Japan (DBJ) through the issue of preferred shares. Financial support from the federal government of Canada and the provincial government of Ontario was also expected. Funds for this investment would be provided to ES Materials Canada, the Canadian separator business compan
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HMC
Sec Filings
- 4/25/24 - Form 6-K
- 4/9/24 - Form 6-K
- 4/2/24 - Form 6-K
- HMC's page on the SEC website