Honda to spend $11 billion on four EV factories in North America

Enlarge / Honda is investing CAD$15 billion (US $11 billion) to expand EV manufacturing in North America with four sites in Ontario, Canada. (credit: Honda)

Honda announced today that it will spend $11 billion to expand its electric vehicle manufacturing presence in North America. The Japanese automaker already has a number of factories in the US, Mexico, and Canada, and it's this last one that will benefit from the expansion, with four EV-related plants planned for Ontario.