Honda expected to announce Ontario EV battery plant, part of a $15B investment

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The Canadian Press,Justin Trudeau,Honda

TORONTO — Prime Minister Justin Trudeau, Ontario Premier Doug Ford and Honda executives are expected to announce today that the Japanese automaker is...

TORONTO — Prime Minister Justin Trudeau, Ontario Premier Doug Ford and Honda executives are expected to announce today that the Japanese automaker is building an electric vehicle battery plant in Alliston, Ont., part of a $15-billion investment.

There will likely be some capital investment from at least one level of government, but the sources say the deal does not involve production subsidies, which were used to woo two other automakers to build battery plants in Ontario instead of the United States with its incentives under the Inflation Reduction Act.

The deal comes after years of meetings and discussions between Honda executives and the Ontario government that began after the last big government announcement at Honda's Alliston facility. Ex-Aide Says Melania Trump Will Be Watching 'Every Ounce' of Hush Money Trial — and Looking for 1 Thing In the summer of 2019, only hours after an Iranian rocket accidentally exploded at one of Iran's own launch sites, senior U.S. officials met with then-president Donald Trump and shared a sharply detailed, highly classified image of the blast's catastrophic aftermath. Worried that the image becoming public could hurt national security efforts, intelligence officials urged Trump to hold off until more knowledgeable experts were able to weigh in, the sources said.

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