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Trudeau announces Canada's 1st lithium-ion battery plant to be built in Ontario | FULL

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Canadian Prime Minister Justin Trudeau was in Port Colborne, Ont., on Tuesday, where Canada's first-ever lithium-ion battery separator plant will be built.

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.

Honda announced recently that it is building an electric vehicle battery plant next to its Alliston, Ont., assembly plant, which it is retooling to produce fully electric vehicles as part of a $15-billion project to create a supply chain in the province for the automaker.

Asahi Kasei says its plant where it will build battery separators is expected to be up and running by 2027.

For more info, please go to https://globalnews.ca/news/10452867/japanese-lithium-ion-separator-facility-winnipeg/

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Category
U.S. & Canada
Tags
global news, Canadian economy, Prime Minister Justin Trudeau
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