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Honda joins EV race with historic $11B investment to build 240K EVs a year

Baua Electric

Honda is finally joining the EV race after announcing a massive $11 billion (CAD$15 billion) investment to build four new EV plants in Canada. The historic investment will be used to build Canada’s first EV supply chain, enabling 240,000 Honda EVs to be made for the US and Canada annually. Production is expected to begin in 2028.

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Honda may build an EV factory in Canada featuring in-house battery cells

Teslarati

Japanese automaker Honda is considering locations to build an electric vehicle (EV) factory in Canada featuring the use of in-house battery cells. The automaker is looking at multiple potential locations in the North American country, including a site in Ontario that’s near a currently existing auto plant.

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Honda, Acura neatly situated in 2023, says American Honda’s Mamadou Diallo

Baua Electric

And the way would Honda reply to worse financial occasions in the event that they got here within the later a number of months? We’ve had good fortune with our stock and warehouse systems at the Acura aspect, which we will be able to roll onto the Honda emblem. Is Honda nonetheless headed in that course?

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What Does GM’s “30 New EVs By 2025” Promise Mean for the US Market?

EV Adoption

Will GM’s Ultium Cells battery factory in Lordstown, Ohio be able to supply enough battery packs? In March of 2020, I and an estimated 75-100 auto/EV journalists and influencers got to see (but not photograph) 10 of GM’s future EVs. ” The Honda and Acura EVs will be manufactured at GM plants in North America.

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News: 2025 Honda CR-V e:FCEV

Clean Fleet Report

Revolutionary New Honda EV In a first-ever technology pairing for series production, Honda is mating plug-in battery electric and hydrogen fuel cell electric in the all-new 2025 CR-V—e:FCEV. Carbon neutrality for all Honda products and corporate activities by 2050. Two (or is it three?)

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2024 Honda Prologue boasts 300-mile dimension, sub-$50,000 worth

Baua Electric

Honda on Thursday equipped the primary main points on its 2024 Prologue, an electrical mid-size crossover the automaker guarantees with an EPA dimension estimate of as much as 300 miles. GM may also assemble the Prologue for Honda at a plant in North The usa, a progress that can allow the automobile to be eligible for EV tax credit.

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Nine EVs that lease for under $400/month: Ioniq 5, Solterra, Niro, Ioniq 6, more

Baua Electric

Hyundai IONIQ 5 (left) and IONIQ 6 (right) at Tesla Supercharger (Source: Hyundai) There’s a loophole in the stricter IRA federal tax credit that only applies $3750 rebates on North American-built cars and separately $3750 on domestic batteries. FTC: We use income earning auto affiliate links.

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