Honda looks at US$14bil EV plant in Canada

People are reflected on a Honda Motor car outside the company's headquarters in Tokyo, Japan. REUTERS/Toru Hanai/File Photo

TORONTO: Honda Motor Co is considering building an electric vehicle (EV) plant in Canada in a near-two-trillion-yen (US$13.83bil) project that could possibly include in-house production of batteries, Japan’s Nikkei news group reported.

The project could be one of Honda’s largest investments, the report said.