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Published 10 days ago

Ottawa and Ontario Announce ‘Historic’ Honda EV Deal

Summary by The Epoch Times
Japanese automotive giant Honda is investing $15 billion into a new electric vehicle (EV) battery plant in Alliston, Ont., Prime Minister Justin Trudeau, Ontario Premier Doug Ford, and several Honda executives announced on April 25. The federal government is expected to invest $2.5 billion in the deal through the EV Supply Chain investment tax credit and the proposed Clean Technology Manufacturing investment tax credit. The government of Ontario…

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Ottawa and Ontario Announce ‘Historic’ Honda EV Deal

Japanese automotive giant Honda is investing $15 billion into a new electric vehicle (EV) battery plant in Alliston, Ont., Prime Minister Justin Trudeau, Ontario Premier Doug Ford, and several Honda executives announced on April 25. The federal government is expected to invest $2.5 billion in the deal through the EV Supply Chain investment tax credit and the proposed Clean Technology Manufacturing investment tax credit. The government of Ontario…

10 days ago·New York, United States
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Doug FordDoug Ford
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HondaHonda
Ottawa, OntarioOttawa, Ontario
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