Honda to invest $11 billion to set up an EV hub in Canada

Honda Motor Co Ltd says it will invest $11 billion to set up an EV hub in Ontario, Canada. Shares of the automaker are in the red at writing. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Honda expects vehicle production to begin in 2028Copy link to sectionThe investment, as per the Japanese firm, will establish a “comprehensive EV value chain” with new assembly and battery facilities as well as factories to support production of electric vehicles.  ...