HONDA ANNOUNCES MAJOR HYBRID PLANT INVESTMENT IN ONTARIO
March 24th, 2022
Honda announced this morning (March 16) that it would be investing CAD1.4 billion (USD1.09 billion) into retooling its plants in Alliston, north of Toronto, so they can make hybrid vehicles and engines.
“This represents an important milestone for Honda as we move forward in our ambitious vision to make battery electric vehicles represent 100% of our North America vehicle sales by 2040,” said Jean Marc Leclerc, president and CEO of Honda Canada Inc. He said the investment allowed the company to leverage its existing experienced staff “who build some of ...
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