Honda near agreement with Canada on $6bn EV plant

April 23, 2024

57 Less than a minute

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TOKYO — Honda Motor is set to reach an agreement with the Canadian government on a project to build a new electric vehicle factory in the country, Nikkei learned Tuesday.

Under the agreement, the Japanese automaker will receive subsidies and other financial assistance from Ottawa.

April 23, 2024

57 Less than a minute