Sunday, May 29, 2022
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.

Trending Now

Stellantis will Invest $2.5 Billion in a Battery Plant in Indiana

This new factory will be a joint venture with Samsung SDI The automaker targets an initial annual production capacity of 23 GWh The...

Upcoming Euro 7 Regulation Will Include Limitations to Particulate Emissions from Brake Pads

The latest regulations will also focus on reducing nitrogen oxides and sulphur oxides emitted by cars. Tires and brake components are under scrutiny...

Lithium Prices Surging Almost 500% Could Slow Down EV Adoption

Prices for lithium went from $17,000/ton in 2021 to $78,032/ton in 2022 This will make electric vehicles more expensive, thus less popular This...

The 2023 Honda CR-V Hybrid is teased in a few more pictures

Honda says the CR-V hybrid features a new, sportier powertrain The images show a part of the front and the rear of the...

2022 Ford Bronco Raptor will Have 418 Horsepower

It will be powered by a twin-turbocharged 3.0-litre EcoBoost V6. Official output numbers are 418 horsepower and 440 lb.-ft. of torque. This is truly...
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

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.