Honda Investing $1B in Canadian Plants as Part of Electrification Plan

Honda Motor Co. will commit a little extra than $1 billion into its facilities in Ontario, Canada as component of its electrification ideas and press for zero emissions by 2040.

The target is to make the crops in Alliston, Ontario the “lead plant” in North The united states for generation of the 2023 CR-V Hybrid crossover, officials observed. Honda’s secured an added $103.7 million in government funds for the upgrades.

“This represents an essential milestone for Honda as we go forward in our bold vision to make battery electrical cars characterize 100 for each cent of our North America vehicle product sales by 2040,” explained Jean Marc Leclerc, president and CEO of Honda Canada. 

“HCM is household to a workforce of remarkably talented associates who construct some of Honda’s most preferred and fuel-efficient solutions. This expenditure not only guarantees our product or service and manufacturing competitiveness within Ontario, Canada and abroad, but also noticeably bolsters our ongoing efforts to lessen greenhouse fuel emissions to assist Canada achieve its over-all local weather targets.” 

Press to zero emissions

Honda’s over-all fleet emits the lowest greenhouse fuel (GHG) emissions amongst interior combustion motor manufacturers in Canada, and new hybrid merchandise will cut down GHGs by 30% as opposed to traditional gasoline powered motor vehicles. 

The shift to these new products aligns with Canada’s over-all GHG reduction targets and Honda’s world-wide target of knowing carbon neutrality for its entire company, together with solutions and functions, by 2050. 

By retooling both of those output strains at HCM, Honda will secure countless numbers of nicely-paying out, large-high quality positions in Alliston and all over Honda’s considerable Canadian supplier network. Financial commitments will also see a vary of enhanced work teaching initiatives and expanded inclusive employing methods, as properly as investigation and improvement packages that even more lessen environmental impacts of motor vehicle generation. 

These investments will have a long lasting and profound benefit for the Honda Canada seller network, partnering suppliers, and the over-all Canadian auto sector, together with workers, their people, and the communities exactly where they stay and get the job done.