Electric Mobility Canada (EMC) is thrilled with today’s announcement, which marks the largest investment in the history of the Canadian auto industry. This demonstrates that the Canadian and Ontario governments are stepping up to the plate to ensure the industry not only survives, but thrives in the future. This development is a significant win for Canadian auto workers, as it opens up more opportunities in the growing electric vehicle industry. 

Moreover, this is excellent news for Canadian EV part suppliers, who will benefit from the increased demand for locally sourced components. The $15 billion will fund Canada’s first comprehensive electric vehicle supply chain, comprising of four new manufacturing plants located in Ontario.  

It is estimated that the new assembly plant will produce up to 240,000 vehicles per year, and all four plants will create over 1,000 jobs, in addition to many construction jobs leading up to its operation in 2028. “Having worked in an auto assembly plant in the past, I fully understand how important this announcement is for Canadian workers. They should feel proud today, as this historic investment by Honda has been greatly influenced by them, the professional and passionate employees”, stated Daniel Breton, President & CEO of Electric Mobility Canada. 

We hope that with the commitment to manufacture more cars and trucks in Ontario, the Ontario government will follow through and provide EV rebates to encourage widespread adoption across the province. Additionally, we encourage Honda to join other industry leaders like Volkswagen and Tesla in supporting the installation of EV chargers across Canada, further expanding the infrastructure needed for a sustainable electric vehicle future. 

This groundbreaking investment shows that climate action and the economy go hand-in-hand. Achievements like these not only provide Canadians with high quality jobs, but they also propel the Canadian and Provincial economies.