Sat.Apr 27, 2024

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Honda Invests in EV Battery Facility in Ontario

Procurement Bulletin

Honda Invests in EV Battery Facility in Ontario As Canada continues to lure manufacturers to invest in the country to build out its EV manufacturing industry, Honda is the latest auto manufacturer to invest US$11 billion in Ontario by building assembly and battery plants in the province. Canada is offering major tax-credits for companies willing to invest and expand the industry.

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