TOKYO -- Japan's Asahi Kasei will build a plant in Canada to make components used in electric vehicle batteries, Nikkei has learned, planning to supply key materials, mainly to Honda Motor's EV factory to be built in the country.
Supply Chain
Asahi Kasei to build $1.3bn EV battery components plant in Canada
Japan company will supply key parts for Honda's new EV factory
Asahi Kasei will invest about $1.3 billion in a battery component plant, aiming to start production in 2027. (Photo by Shoya Okinaga)
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