SoVote

Decentralized Democracy

Ontario Assembly

43rd Parl. 1st Sess.
May 7, 2024 09:00AM
  • May/7/24 10:50:00 a.m.

Speaker, April 25 was a historic day for Ontario and, quite frankly, all of Canada. Honda announced a $15-billion investment right here in Ontario to build Canada’s first comprehensive electric vehicle supply chain. Honda will build an innovative EV assembly plant in Alliston. They’ll also build a stand-alone battery manufacturing plant in Alliston—4,200 jobs retained, 1,000 new jobs just on those sites. And to complete their supply chain, they will build a cathode plant through a joint venture with Korea’s POSCO, and they’ll build a separator plant in a joint venture with Japan’s Asahi Kasei. Those two announcements are coming in the very near future, in the coming days and weeks, which will add a significant amount of employees here in Ontario.

Their investment reaffirms that Ontario is the EV powerhouse.

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