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Clean Energy Technology Investment: The report, "Advancing Clean Technology Manufacturing," indicates a substantial increase in funding for solar PV and battery production. Solar PV manufacturing spending more than doubled last year, while investment in battery manufacturing rose by about 60 per cent.
Honda is set to build an electric vehicle battery plant next to its Alliston, Ont., assembly plant, which it is retooling to produce fully electric
Over the last four years, automotive and battery makers announced more than $31 billion in investments in EV manufacturing across Canada.
The multibillion-dollar project is expected to create thousands of jobs
Japan auto giant's new EV battery plant will be the third in Ontario—in addition to a Volkswagen facility in St. Thomas to start construction in 2025 and a Stellantis-LG plant in Windsor under way since last year.