News

Japanese firm Asahi Kasei invests $1.6 billion in new EV battery parts plant in Port Colborne, Ont.

Construction of the plant is expected to be completed by the end of this year, but the federal government said details regarding the number of jobs created “are currently being finalized and will be announced at a later date.”

Published May 14, 2024 at 4:01pm

Davis Legree
By
Davis Legree
Japanese firm Asahi Kasei invests $1.6 billion in new EV battery parts plant in Port Colborne, Ont.

An electric vehicle is charged in Ottawa on Wednesday, July 13, 2022. Auto manufacturers will have three years to start showing a sizable increase in electric vehicle sales as the federal government moves to finalize its new EV mandate this week. (Sean Kilpatrick/The Canadian Press)

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