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Asahi Kasai to build EV battery component plant in Canada to supply Honda, Nikkei reports
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Asahi Kasai to build EV battery component plant in Canada to supply Honda, Nikkei reports
Apr 23, 2024 7:56 PM

TOKYO (Reuters) - Asahi Kasei ( AHKSF ) plans to spend about 200 billion yen ($1.3 billion) to build a battery component factory in Canada, the Nikkei newspaper said on Wednesday.

The plant is being built primarily to supply Honda Motor's ( HMC ) electric vehicle production in Canada, the newspaper said.

($1 = 154.8000 yen)

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