By Peter Landers and Chieko Tsuneoka TOKYO Honda Motor said it would invest 15 billion Canadian dollars, the equivalent of about $11 billion, in building an electric-vehicle manufacturing.
By Peter Landers and Chieko Tsuneoka TOKYO Honda Motor said it would invest 15 billion Canadian dollars, the equivalent of about $11 billion, in building an electric-vehicle manufacturing.
The UAW's success in Tennessee punctured the belief that unions can't win in the South and set the stage for efforts at EV factories and battery plants.
Contemporary Amperex Technology is not worried about overcapacity, and in fact will crank up output of its more technologically advanced products, said Robin Zeng, president and chairman of the company better known as CATL.
Tesla battery supplier Panasonic Energy is considering pouring new investments potentially up to $4 billion in its De Soto, Kansas, plant to produce 4680 battery cells for the Tesla Cybertruck and Tesla’s next-gen vehicles.