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07 May
00:10

Honda doubles down on North America in its EV era

In a big win for Canada, Honda in April unveiled plans to invest CAD 15 billion ($11 billion) to establish a comprehensive EV value chain, encompassing all steps from raw materials procurement to vehicle production. The Japanese automaker wants to build an “environmentally responsible” EV plant and a stand-alone EV battery plant near its existing facilities in Alliston, Ontario. These will be complemented by a cathode active material (CAM) and precurs…
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