Summary
- Port Colborne, in Niagara Region, will share in Honda Canada’s $15-billion investment for establishing an electric vehicle supply chain
- Asahi Kasei Corp. and Honda Canada will build Canada’s first lithium ion separator plant
- Federal and provincial governments contributed $2.5 billion each in tax credits to attract Honda’s business to Ontario
- Honda’s investment in Ontario aims to cut battery-making costs by 20%
