Thursday, January 26, 2023
News Honda Canada Will Invest $1.38 Billion in its Ontario Plants

Honda Canada Will Invest $1.38 Billion in its Ontario Plants

The first new hybrid to come from Honda Canada’s revamped Ontario plants arrives next year

  • The money will go towards tooling for hybrid vehicles.

  • It will also serve to prepare the facilities for EV production.

Honda will announce today that it will be investing over $1.38 billion in its Alliston, ON. facilities in preparation for new and upcoming electrified vehicles. Of that sum, both federal and Ontario governments each will inject $103 million.

The All-New 2023 CR-V and CR-V Hybrid Will be Built in Canada

We recently learned that Honda Canada will finally sell the hybrid version of its ultra-popular CR-V compact SUV. As well, it will be assembled in Canada and should be the first vehicle to roll off the updated assembly lines. The CR-V has been built at Plant 2 in Alliston since 2012 while the CR-V hybrid was put together in Greensburg, Ind. since 2019.

According to Automotive News, the first 2023 model hybrid vehicles will be produced as of this summer however an actual start date has yet to be announced. Honda assumes that demand for these hybrid vehicles will be very strong and increase over the coming years.

Eventually, the Alliston, ON. campus will produce electric vehicles as  Honda plans to sell only EVs by 2040 in North America.

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Matt St-Pierre
Trained as an Automotive Technician, Matt has two decades of automotive journalism under his belt. He’s done TV, radio, print and this thing called the internet. He’s an avid collector of many 4-wheeled things, all of them under 1,500 kg, holds a recently expired racing license and is a father of two. Life is beautiful. Send Matt an emai


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