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Honda and Asahi Kasei Announce $1.6B Electric Vehicle Supply Chain Plant in Port Colborne

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2 months ago

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Prime Minister Justin Trudeau and Premiere Doug Ford are set to join executives from Honda partner Asahi Kasei in Port Colborne today to unveil a groundbreaking $1.6-billion electric vehicle supply chain plant, according to sources familiar with the deal as reported by the Globe and Mail.

The announcement is a significant component of Honda’s extensive $15-billion investment in Ontario‘s electric vehicle supply chain.

As per the CBC, this upcoming facility will mark the establishment of Canada’s inaugural lithium-ion battery separator plant.

Village Media will provide further updates on this development as more details are verified.

Rachel Adams

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