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No money, no plant: Honda suspends its $15B Ontario project + Drake’s ‘Iceman’ cometh — and bringeth two friends
Honda said evolving business conditions and softer EV demand drove the indefinite pause of a project Canadian officials valued at C$15 billion.
Summary by The Toronto Star
5 Articles
5 Articles
$1.5B battery separator plant in Port Colborne, Ont., to proceed despite Honda Canada suspending EV plans
Work on the $1.56-billion Asahi Kasei battery separator plant in Port Colborne, Ont., is proceeding despite Honda Canada's announcement it has indefinitely suspended its $15-billion electric vehicle (EV) investment plans due to changing business conditions.
$1.5B battery separator plant in Port Colborne still a go despite Honda suspending electric vehicle plans
Listen to this article Estimated 3 minutes The audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. Work on the $1.56-billion Asahi Kasei battery separator plant in Port Colborne, Ont., is proceeding despite Honda Canada’s announcement it has [...]
Coverage Details
Total News Sources5
Leaning Left3Leaning Right0Center0Last Updated100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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