Honda considers US$14 billion plan for EV production in Canada: Nikkei

Honda Motor Co is considering building an electric vehicle plant in Canada in a near ¥2 trillion (US$13.83 billion) project that could possibly include in-house production of batteries, Japan's Nikkei news group reported on Sunday (Jan 7). The project could be one of Honda's largest investments, the report said. The Japanese automaker is looking at multiple potential...

Honda to spend $87 billion on R&D as it revs up electric ambitions

The Honda Motor logo is pictured at the 43rd Bangkok International Motor Show, in Bangkok, Thailand, on March 22, 2022.Reuters Japan's Honda Motor Co Ltd plans to spend $64 billion (S$87 billion) on research and development over the next decade, the company said on Tuesday, laying out an ambitious target to roll out 30 electric vehicle models...