The next Ontario community to share in Honda Canada's $15-billion investment to establish a Canadian electric vehicle supply chain will be Port Colborne, in Niagara Region. Company executives are expected to join Prime Minister Justin Trudeau and Ontario Premier Doug Ford at the official announcement on Tuesday.
iPolitics was the first to report that Honda would announce a facility in Ontario's Niagara Region. Over the weekend, word spread on social media that Port Colborne was chosen. A senior government source confirmed the location to CBC News on Monday. Honda Canada's original footprint in Allison, Ont., will dramatically expand to include new electric vehicle assembly lines, as well its own battery manufacturing plant. Joint ventures in Port Colborne, Ont., and a second yet-to-be-announced municipality will feed into this supply chain.
The other Ontario municipality that's in line for a cathode active material and precursor processing plant, as part of a joint venture with South Korea's POSCO Future M Co., Ltd., is expected to be announced by Honda in the coming weeks.
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