$1.6-billion parts plant for Honda electric vehicle batteries coming to Niagara Region

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Asahi Kasei’s president and representative director says the company has been looking to build a separator plant abroad for a few years

A Japanese company is building an approximately $1.6-billion plant in Ontario’s Niagara Region that will make a key electric vehicle battery component as part of Honda’s supply chain in the province., Ont., assembly plant, which it is retooling to produce fully electric vehicles as part of a $15-billion project to create a supply chain in the province for the automaker.

Koshiro Kudo, the president and representative director of Asahi Kasei, said the company had been looking to build a separator plant abroad for a few years and they first looked at Europe then the United States. Prime Minister Justin Trudeau said that has been the main reason Canada has been able to attract such investments.“We have clean energy, and we take climate action seriously. We have stable democratic institutions and strong communities and all those things are what the international community investors look for when they come, but the No. 1 thing they look for, the No. 1 thing that is our competitive advantage as a country is Canadian workers themselves.

Union leaders, federal Conservatives and the NDP have been demanding assurances from Trudeau that he will make sure jobs are going to Canadians as he rolls out successive announcements on electric vehicle and parts plants.

 

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