A Japanese company, Asahi Kasei, has announced it will build an approximately $1.6-billion plant in Ontario’s Niagara Region that will make a key electric vehicle battery component as part of Honda’s supply chain in the province. “We are the leaders in that transformation and that’s going to pay dividends for a generation,” Canada’s Innovation Minister François-Philippe Champagne said on Tuesday.
Canada
$1.6B lithium-ion battery plant to be built in Ontario
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