Honda Big Investment With Electric Vehicles in Canada
Honda, the renowned Japanese automaker, has recently announced a significant commitment towards the future of electric vehicles (EVs). The company has disclosed its plans to invest a whopping $11 billion in establishing an infrastructure for manufacturing batteries and electric cars in Ontario, Canada.
Historically, Honda has been a firm proponent of hybrid vehicles, where gasoline engines are supplemented by electric motors. However, the recent investment in Ontario - adjacent to the company's factory in Alliston, near Toronto - indicates a strategic shift towards fully electric vehicles.
Until now, the Honda Prologue, a sport-utility vehicle produced in Mexico, was the only fully electric vehicle on Honda's roster available for sale in the United States. However, the announcement o...