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With EVs, Honda may be North America's most committed automaker, for the moment
HMCHonda Motor(HMC) CNBC·2024-06-09 13:29

In this article GM Josh Lefkowitz | Getty Images News | Getty Images This spring, there has been a flurry of announcements from the Japanese company, including an $11 billion investment in a Canadian EV hub — the company calls it a "comprehensive EV value chain" — and an EV transformation of Ohio operations. "Each manufacturer has their reasons for their direction," said Bob Nelson, executive vice president of American Honda Motor Co. "The $700 million investment gives us the flexibility to produce ICE [int ...