Honda’s upcoming announcement of a multi-billion dollar investment in Ontario’s electric vehicle (EV) sector is a major milestone in Canada’s automotive industry. The deal is expected to be the largest in Canadian history, surpassing Volkswagen’s recent $7 billion battery plant investment. Honda’s plans include assembling EVs and establishing a supply chain for EV components in the province. This investment is a significant boost to Canada’s efforts to become a leader in the EV sector and meet its carbon emissions reduction targets.