Senior government sources confirm Honda's multi-billion dollar deal to build EVs and parts in Ontario, to be announced at Alliston plant.
The deal may involve facilities for processing cathode materials, battery production, and EV assembly, with possible government subsidies and tax credits.
Automotive Parts Manufacturers' Association president stated Honda's reliability in Canada as they do not make speculative term bets.
Previous partnership announcements with EV battery producers like Northvolt, Volkswagen, and Stellantis-LGES were highlighted.
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