Japanese automaker Honda has been relatively quiet in the development of electric vehicles. However, it is gearing up for its second EV attempt in the US with the Prologue. Additionally, there are reports that Honda is considering a $14 billion EV and battery plant in Canada to solidify its position in the EV market.
According to Japan’s Nikkei, Honda is exploring various sites in Canada for this potential project, with the possibility of production commencing in 2028.
If plans materialize, Honda will manufacture in-house batteries at the plant, making it the company’s second EV plant in North America. Canada has been actively attracting EV industry investments by offering tax breaks and promoting access to renewable energy sources and rare minerals used in EVs.
So far, other automakers such as Volkswagen and Swedish EV battery maker Northvolt are already investing in EV-related manufacturing facilities in Canada, taking advantage of the country’s access to clean energy sources and essential raw materials used in EV production. Similarly, Honda has also announced plans to manufacture batteries with LG Energy Solution in Ohio, with a focus on producing EVs based on the new Honda e:Architecture by 2026.
Electrek’s Take
Honda has had notable success with its traditional vehicles, such as the Civic, but its foray into EVs has been less impressive. However, with the upcoming Prologue SUV and potential plans for a large-scale EV and battery plant in Canada, the company seems to be making strategic moves to gain a stronger foothold in the EV market. By aligning with other industry players and investing in local production, Honda could position itself for success in the rapidly growing EV sector.
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