The company has begun evaluating the requirements to build an innovative and environmentally responsible Honda EV plant and a stand-alone Honda EV battery plant in Alliston, Ontario. The proposed Honda EV value chain will also include a cathode active material and precursor (CAM/pCAM) processing plant through a joint venture partnership with POSCO Future M Co., Ltd. and a separator plant through a joint venture partnership with Asahi Kasei Corporation, with announcements to follow in their respective Ontario communities.
Honda expects that electric vehicle production will begin in 2028. Once fully operational, the EV plant will have a production capacity of 240,000 EVs per year and the EV battery plant will have a capacity of 36 GWh per year. In addition to securing the current employment level of 4,200 associates at its two existing manufacturing facilities in Ontario, Honda estimates it will add a minimum of 1,000 new associates for the EV and EV battery manufacturing facilities. The investment in the new facilities will also create significant spinoff jobs across all sites, including in the construction sector.
Honda has begun the process of evaluating the scope of its investment and completing negotiations with its joint venture partners. This work is expected to be finalized during the next six months and more details will be shared at that time.
As the first step in achieving its electrification goal in North America, Honda positioned its existing auto production plants in the state of Ohio in the U.S. as its EV Hub for production, including the retooling of existing plants, an investment of USD$700 million, and the construction of a joint venture EV battery plant with LG Energy Solution, with an expected investment of USD$4.4 billion.
The Ohio EV hub will serve as the foundation for future EV and EV battery production, sharing knowledge and expertise with other Honda plants in North America, including the new EV assembly and battery plants in Ontario, Canada. Honda expects EV production to begin at the Marysville Auto Plant in late 2025.
As a second step in this initiative, Honda will strive to establish a comprehensive EV value chain that includes all aspects of EV production in Canada, from the procurement of raw materials mainly for batteries, to the production of finished EVs.
Honda Motor has unveiled its updated strategy to achieve its electrification target to make EVs and FCEVs represent 100% of its global vehicle sales by 2040. Firstly, as of 2030, Honda will reduce the cost of the battery to be procured in North America by more than 20% compared to the current battery costs. Secondly, it will establish a competitive business structure to reduce the overall production costs by…
19 May 2024
Honda today exhibited and announced new information about the second set of Honda e:N Series electric vehicle (EV) models, the all-new e:NP2 and e:NS2, at the 18th Beijing International Automotive Exhibition (Auto China 2024), which began today. The all-new Honda e:NP2 goes on sale today from GAC Honda, a Honda automobile production and sales joint venture in China. The all-new Honda e:NS2 will go on sale from…
26 April 2024
Honda today unveiled the (yè) Series (Ye Series), an all-new EV series Honda will introduce to the Chinese market, including the world premiere of the first set of the Ye Series models, namely (yè) P7 (Ye P7) and (yè) S7 (Ye S7), as well as the concept model for the second set of series models, the (yè) GT CONCEPT (Ye GT CONCEPT). Honda is planning to launch a total of six the Ye Series models in China by 2027. The…
17 April 2024
LG Energy Solution and Honda have erected the final structural steel beam at the joint venture’s new EV battery production facility being constructed near Jeffersonville, Ohio. This major construction milestone comes almost one year to the day after the groundbreaking that took place for the over 2 million square feet facility that is expected to be completed by the end of 2024. Projected to reach an overall…
5 March 2024
Honda today unveiled the “Honda 0 Series,” a new EV series Honda will launch globally starting in 2026, with the world premiere of two concept models, namely Saloon and Space-Hub, at the CES 2024 in Las Vegas, Nevada, U.S. Honda also presented the world premiere of the new H mark to be used exclusively for the next-generation EV models of Honda. Honda will create a new point of origin for the next-generation of…
9 January 2024
Honda will present the world premiere of its new EV series for global markets as a part of its exhibit at CES 2024, which will be held January 9-12, 2024 in Las Vegas, Nevada, U.S. The Honda press conference at CES will be held on Tuesday, January 9, 2024, with both Toshihiro Mibe, Global CEO, and Shinji Aoyama, Global EVP, scheduled to speak to convey Honda’s vision for an EV-based society and to present the world…
8 December 2023
During his speech at the Japan Mobility Show, Honda Motor’s Director, President and Representative, Toshihiro Mibe presented Honda’s vision for its future development. Among all other things, he briefly introduced the Honda Prelude Concept. Honda has always been committed to creating sporty vehicles. And the word “prelude” means an “introductory or preceding performance.” This model will become the prelude for…
25 October 2023
Honda and Mitsubishi announced the signing of a memorandum of understanding (MoU) to begin discussions toward the creation of new businesses with an aim of leveraging the strengths of both companies to build sustainable business models in light of anticipated growth in the electric vehicle (EV) market toward a decarbonized future society. The two companies will explore the possibility of new businesses with the goal…
17 October 2023
Acura, a brand developed by Honda Motor Co., Ltd. in the United States, announced that the all-electric Acura ZDX and the Acura ZDX Type S SUVs will be unveiled to the world on August 17 during Monterey Car Week. Both are scheduled to go on sale in early 2024 and will feature smartly integrated and intuitive technologies as standard, including Google integration, a first for Acura with the latest apps and services…
10 August 2023
Vitesco Technologies is delivering its integrated axle drive EMR3 (3rd generation, Electronics Motor Reducer) to Honda for its new B-segment all-electric SUV. In Europe this vehicle, based on Honda’s new e:N Architecture F, will be marketed under the name Honda e:Ny1. The E-drive is a 3-in1-unit integrating power electronics, electric motor, and reducer. It is the third generation of Vitesco Technologies’ integrated…
2 August 2023
The fully electric Honda e:Ny1 is a dynamic, stylish, and highly practical B-segment SUV aimed at younger buyers. It is the brand’s second fully electric vehicle (EV) for Europe. The model is available in two trim levels: Honda e:Ny1 Elegance – specifications Honda e:Ny1 Advance – specifications The e:Ny1 uses Honda’s newly-developed e:N Architecture F high-performance front-motor-driven platform, which will be used…
31 July 2023
The first volume EV from Honda, the all-new 2024 Honda Prologue SUV, will offer customers the latest digital services technology and features, with wireless Google1 built-in, and wireless Apple CarPlay and Android Auto compatibility. The all-electric Honda Prologue will go on sale in early 2024. For seamless on-the-go digital services, the 2024 Honda Prologue will be the first Honda SUV to come with Google built-in…
21 June 2023
LG Energy Solution and Honda marked another major milestone of construction for its new joint venture EV battery facility this week when the first steel beam was installed at the plant site in Jeffersonville, Ohio. The companies have committed to invest $3.5 billion, with plans to create 2,200 jobs, in the over 2 million square feet facility, with an overall investment projected to reach $4.4 billion. The new joint…
21 June 2023
Honda has announced its ambition to dramatically scale up its smart vehicle charging service, e:PROGRESS, during the brand’s media event in Offenbach, Germany. The brand confirmed that e:PROGRESS will be available for future owners of the all-new e:Ny1 full EV and CR-V e:PHEV plug-in hybrid. Within the next 12 months, the service will be offered in more European markets and then Honda will plan to expand the service…
12 May 2023
2024 Porsche Macan 4
Doors: 4, Seats: 5Length: 188.3 in / 4784 mmWidth: 76.3 in / 1938 mmHeight: 63.9 in / 1622 mmCurb weight: 5302.12 lb / 2405 kgLocation: RearLocation: FrontBattery: 100 kWh, Voltage: 800 V
2024 Porsche Macan Turbo
Doors: 4, Seats: 5Length: 188.3 in / 4784 mmWidth: 76.3 in / 1938 mmHeight: 63.8 in / 1621 mmCurb weight: 5302.12 lb / 2405 kgLocation: RearLocation: FrontBattery: 100 kWh, Voltage: 800 V
2024 Xiaomi SU7 RWD
Doors: 4, Seats: 5Length: 196.7 in / 4997 mmWidth: 77.3 in / 1963 mmHeight: 57.3 in / 1455 mmCurb weight: 4365.15 lb / 1980 kgElectric motor: 220 kW, 400 Nm, Location: RearBattery: 73.6 kWh
2024 Xiaomi SU7 AWD
Doors: 4, Seats: 5Length: 196.7 in / 4997 mmWidth: 77.3 in / 1963 mmHeight: 56.7 in / 1440 mmCurb weight: 4861.19 lb / 2205 kgElectric motor #1: 275 kW, 500 Nm, Location: RearElectric motor #2: 220 kW, 400 Nm, Location: FrontBattery: 101 kWh, Voltage: 871 V
2024 Volkswagen ID.7 Pro
Doors: 4, Seats: 5Length: 195.3 in / 4961 mmHeight: 60.5 in / 1536 mmCurb weight: 4788.44 lb / 2172 kgElectric motor: 210 kW, 550 Nm, Location: RearBattery: 77 kWh
2025 Cadillac Escalade IQ Luxury 2
Doors: 5, Seats: 7Length: 224.3 in / 5697 mmHeight: 76.1 in / 1934 mmElectric motor: 505 kW, 1064 Nm, Location: RearLocation: FrontBattery: 200 kWh, Voltage: 800 V
2025 Cadillac Escalade IQ Sport 2
Doors: 5, Seats: 7Length: 224.3 in / 5697 mmHeight: 76.1 in / 1934 mmElectric motor: 505 kW, 1064 Nm, Location: RearLocation: FrontBattery: 200 kWh, Voltage: 800 V
2025 Cadillac Escalade IQ Luxury 1
Doors: 5, Seats: 7Length: 224.3 in / 5697 mmHeight: 76.1 in / 1934 mmElectric motor: 505 kW, 1064 Nm, Location: RearLocation: FrontBattery: 200 kWh, Voltage: 800 V
2025 Cadillac Escalade IQ Sport 1
Doors: 5, Seats: 7Length: 224.3 in / 5697 mmHeight: 76.1 in / 1934 mmElectric motor: 505 kW, 1064 Nm, Location: RearLocation: FrontBattery: 200 kWh, Voltage: 800 V
2023 BMW i7 xDrive60
Doors: 4, Seats: 5Length: 212.2 in / 5391 mmWidth: 76.8 in / 1950 mmHeight: 60.8 in / 1544 mmCurb weight: 5820.2 lb / 2640 kgElectric motor #1: 190 kW, 365 Nm, Location: RearElectric motor #2: 230 kW, 380 Nm, Location: FrontBattery: 105.7 kWh, Voltage: 376.4 V
2024 BMW iX M60
Doors: 5, Seats: 5Length: 195.0 in / 4953 mmWidth: 77.4 in / 1967 mmHeight: 66.8 in / 1696 mmCurb weight: 5862.09 lb / 2659 kgLocation: RearLocation: FrontBattery: 111.5 kWh, Voltage: 330.3 V
2024 BMW iX xDrive50
Doors: 5, Seats: 5Length: 195.0 in / 4953 mmWidth: 77.4 in / 1967 mmHeight: 66.8 in / 1696 mmCurb weight: 5698.95 lb / 2585 kgLocation: RearLocation: FrontBattery: 111.5 kWh, Voltage: 330.3 V
2024 BMW i4 xDrive40
Doors: 4, Seats: 5Length: 188.3 in / 4783 mmWidth: 72.9 in / 1852 mmHeight: 57.0 in / 1448 mmCurb weight: 5048.59 lb / 2290 kgLocation: RearLocation: FrontBattery: 83.9 kWh, Voltage: 398.5 V
2023 BMW i4 M50
Doors: 4, Seats: 5Length: 188.3 in / 4783 mmWidth: 72.9 in / 1852 mmHeight: 57.0 in / 1448 mmCurb weight: 5048.59 lb / 2290 kgElectric motor #1: 230 kW @ 8000 – 17000 rpm, 365 Nm, Location: RearElectric motor #2: 190 kW @ 8000 – 17000 rpm, 430 Nm, Location: FrontBattery: 83.9 kWh, Voltage: 398.5 V
2023 BMW iX M60
Doors: 5, Seats: 5Length: 195.0 in / 4953 mmWidth: 77.4 in / 1967 mmHeight: 66.8 in / 1696 mmCurb weight: 5862.09 lb / 2659 kgLocation: RearLocation: FrontBattery: 111.5 kWh, Voltage: 330.3 V
2023 BMW iX xDrive50
Doors: 5, Seats: 5Length: 195.0 in / 4953 mmWidth: 77.4 in / 1967 mmHeight: 66.8 in / 1696 mmCurb weight: 5698.95 lb / 2585 kgLocation: RearLocation: FrontBattery: 111.5 kWh, Voltage: 330.3 V
2024 Volvo EX90 Twin Performance (E2)
Doors: 5, Seats: 7Length: 198.3 in / 5037 mmWidth: 77.3 in / 1964 mmHeight: 68.7 in / 1744 mmCurb weight: 6197.19 lb / 2811 kgElectric motor #1: 190 kW, 490 Nm, Location: RearElectric motor #2: 180 kW, 420 Nm, Location: FrontBattery: 111 kWh, Voltage: 400 V