Japanese automaker Honda is considering building its next electric-vehicle factory in Canada in a multi-billion-dollar project that might include producing its own batteries by 2028, according to a report Sunday.
Estimated to cost 2 trillion yen (nearly US$14 billion), the project would represent one of the multinational firm’s biggest investments ever, according to Japan’s Nikkei news group.
Honda said in response to an AFP query that it is “considering a number of initiatives as we move into the electrified era” but had nothing else to say for now. Honda is studying several sites, notably next to one of its factories in Ontario province, Nikkei said.—AFP
