Honda to build $11 billion electric vehicle hub in Canada [MSNBC.com]
Honda Motor Company, Ltd. (HMC)
Last honda motor company, ltd. earnings: 2/7 03:16 am
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Source: MSNBC.com
DEROIT —Honda MotorThecompany saidHonda said vehicle production will begin in 2028, with annual vehicle capacity of 240,000 units once it is fully operational. The investment in Alliston, Ontario, is expected to greatly assist in Honda's goal of exclusively offering all-electric and fuel cell-poweredvehicles by 2040.The timing of the investment may seem odd to industry onlookers and investors, as many automakers haveannounced pullbacks in their all-electric vehicle plansHonda said the investment is "for a future increase in EV demand in North America," with the battery plant capable of producing 36 gigawatt hours, or GWh, per year.The project is expected to create as least 1,000 new jobs, adding to the 4,200 employees the company currently has at its two existing manufacturing facilities in Ontario.Prime Minister of Canada Justin Trudeau said during a streamed press conference on Thursday that Honda's investment, 15 billion Canadian dollars, is the largest ever for the country's autom
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- Acura jumps into electric game with smooth, stylish ZDX that rivals NSX's power [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Honda Plants 85,000 Trees to Capture Carbon and Enhance Biodiversity Near its Ohio Operations [Yahoo! Finance]Yahoo! Finance
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