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Honda Motor Co., Ltd. (HMC)

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34.58

+0.03

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34.58

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Reuters
Honda to build electric vehicles and batteries in Ontario
Honda will build electric vehicles and their parts in Ontario with financial support from the Canadian and provincial governments under a plan to be announced this week, a source with direct knowledge of the deal said on Monday. Under the terms of the agreement with Ottawa and Ontario, Honda will build batteries, process the cathode materials needed for the batteries and also assemble electric vehicles. Canada has wooed companies involved in all parts of the EV supply chain to bolster its manufacturing heartland in Ontario as the world seeks to cut carbon emissions.
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5 Japanese Cars To Stay Away From Buying
Japanese cars have earned and maintained a well-deserved reputation for reliability and affordability. For instance, the 2023 Toyota RAV4 was the fourth bestselling car of 2023, according to Car &...
Reuters
UPDATE 1-Honda to invest $808 million in Brazil by 2030
Japanese automaker Honda will invest 4.2 billion reais ($807.74 million) in its Itirapina plant in Brazil by 2030, an executive said on Friday, adding the company aims to develop a hybrid-flex vehicle in the South American country. Honda's announcement is the latest in a series of fresh investments by automakers such as Volkswagen, General Motors, Stellantis and Toyota in Brazil. According to Brazil's government, investments pledged by automakers in the country for the coming years already total nearly 130 billion reais.