{"id":38568,"date":"2024-01-09T18:16:16","date_gmt":"2024-01-09T18:16:16","guid":{"rendered":"https:\/\/www.africa-press.net\/mauritius\/all-news\/honda-considers-14-billion-plan-for-ev-production-in-canada-nikkei-reports"},"modified":"2024-01-10T18:12:59","modified_gmt":"2024-01-10T18:12:59","slug":"honda-considers-14-billion-plan-for-ev-production-in-canada-nikkei-reports","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mauritius\/all-news\/honda-considers-14-billion-plan-for-ev-production-in-canada-nikkei-reports","title":{"rendered":"Honda considers $14 billion plan for EV production in Canada, Nikkei reports"},"content":{"rendered":"

Africa-Press – Mauritius. <\/strong><\/span>Honda Motor Co (7267.T) is considering building an electric vehicle plant in Canada in a near-2-trillion-yen ($13.83 billion) project that could possibly include in-house production of batteries, Japan\u2019s Nikkei news group reported on Sunday.<\/p>\n

The project could be one of Honda\u2019s largest investments, the report said.<\/p>\n

Honda did not immediately respond to a Reuters request for comment.<\/p>\n

Canada\u2019s industry minister\u2019s office said in a statement to Reuters that reports about Honda looking to make a significant investment in Canada speaks to the quality of the country\u2019s workforce and the strength of its industry.<\/p>\n

\u201cIt is a testament to Canada\u2019s growing reputation as a green supplier of choice and global EV leader,\u201d the spokesperson said.<\/p>\n

The Japanese automaker is looking at multiple potential sites for the plant, including next to an existing automobile factory in Ontario, Nikkei said, adding that Honda expects to come to a decision by the end of the year and the new plant could start as soon as 2028.<\/p>\n

Honda already has plans to begin production and sales of EVs in North America in 2026, based on its new Honda e:Architecture.<\/p>\n

The automaker, with partner LG Energy Solution (373220.KS), in 2022 announced Ohio as the site of a planned $4.4 billion joint-venture battery plant.<\/p>\n

In October 2023, Honda and General Motors (GM.N) said they were scrapping a plan to jointly develop affordable electric vehicles, a year after they agreed to work together in a $5 billion effort to try to beat Tesla (TSLA.O) in sales.<\/p>\n

($1 = 144.6500 yen)<\/p>\n

For More News And Analysis About Mauritius<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Mauritius. Honda Motor Co (7267.T) is considering building an electric vehicle plant in Canada in a near-2-trillion-yen ($13.83 billion) project that could possibly include in-house production of batteries, Japan\u2019s Nikkei news group reported on Sunday. The project could be one of Honda\u2019s largest investments, the report said. Honda did not immediately respond to […]<\/p>\n","protected":false},"author":84,"featured_media":38567,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,9],"tags":[233,245,241],"class_list":["post-38568","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-miscellaneous","tag-africa-press","tag-africa-press-mauritius","tag-mauritius"],"yoast_head":"\nHonda considers $14 billion plan for EV production in Canada, Nikkei reports - Mauritius<\/title>\n<meta name=\"description\" content=\"Honda Motor Co (7267.T) is considering building an electric vehicle plant in Canada in a near-2-trillion-yen ($13.83 bil ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mauritius\/all-news\/honda-considers-14-billion-plan-for-ev-production-in-canada-nikkei-reports\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Honda considers $14 billion plan for EV production in Canada, Nikkei reports\" \/>\n<meta property=\"og:description\" content=\"Honda Motor Co (7267.T) is considering building an electric vehicle plant in Canada in a near-2-trillion-yen ($13.83 bil ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mauritius\/all-news\/honda-considers-14-billion-plan-for-ev-production-in-canada-nikkei-reports\" \/>\n<meta property=\"og:site_name\" content=\"Mauritius\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-01-09T18:16:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-01-10T18:12:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mauritius\/sites\/61\/2024\/01\/sm_1704812212.099631.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"768\" \/>\n\t<meta property=\"og:image:height\" content=\"504\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/honda-considers-14-billion-plan-for-ev-production-in-canada-nikkei-reports#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/honda-considers-14-billion-plan-for-ev-production-in-canada-nikkei-reports\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Honda considers $14 billion plan for EV production in Canada, Nikkei reports\",\"datePublished\":\"2024-01-09T18:16:16+00:00\",\"dateModified\":\"2024-01-10T18:12:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/honda-considers-14-billion-plan-for-ev-production-in-canada-nikkei-reports\"},\"wordCount\":275,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/honda-considers-14-billion-plan-for-ev-production-in-canada-nikkei-reports#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mauritius\/sites\/61\/2024\/01\/sm_1704812212.099631.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mauritius\",\"Mauritius\"],\"articleSection\":[\"all news\",\"miscellaneous\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mauritius\/all-news\/honda-considers-14-billion-plan-for-ev-production-in-canada-nikkei-reports#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/honda-considers-14-billion-plan-for-ev-production-in-canada-nikkei-reports\",\"url\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/honda-considers-14-billion-plan-for-ev-production-in-canada-nikkei-reports\",\"name\":\"Honda considers $14 billion plan for EV production in Canada, Nikkei reports - 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