The Japanese automaker is considering several sites, including an existing plant in Canada, to build electric vehicles and possibly batteries. Honda is expected to make its decision on the EV plant, which would be its second planned in North America, by the end of the year. (Nikkei)
Talking point: Honda’s investment could elevate Canada’s profile in solid-state batteries, a key emerging sector. Nikkei reported that the Canadian facility could make batteries designed by Honda, including new technologies like solid-state. Nikkei noted that U.S. subsidies will be a factor in Honda’s decision—which may spark scrutiny if the Canada government is again pressured to cough up incentives. A Honda Global team is expected to meet with senior government officials in Canada this week, according to CBC, following meetings last month between the company and Innovation Minister François-Philippe Champagne.