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Battery plant moves forward despite Honda EV pivot

Port Colborne's $1.5B Asahi Kasei facility stays on track for 2029 startup

· 1 min read · HOC Toronto Desk

Work on a $1.56-billion battery separator plant in Port Colborne is proceeding despite Honda Canada's announcement this week that it has indefinitely suspended its $15-billion electric vehicle investment plans. Honda had held a 25% stake in the new facility, which remains slated for commercial startup in 2029. The plant represents a significant investment in Ontario's automotive supply chain, even as the sector navigates shifting EV timelines.