Saturday, 22 February 2025
Home Topics Business Asahi Kasei to build EV battery component plant in Canada to supply Honda, Nikkei reports
BusinessElectric Vehicles (EVs)News

Asahi Kasei to build EV battery component plant in Canada to supply Honda, Nikkei reports

By Rocky Swift23 Apr 2024Reuters1 Mins read63
FILE PHOTO: The logo of Asahi Kasei Corporation is displayed at an entrance of the company's Tokyo headquarters in Tokyo, Japan October 9, 2019. Picture taken October 9, 2019. REUTERS/Issei Kato/File Photo
FILE PHOTO: The logo of Asahi Kasei Corporation is displayed at an entrance of the company's Tokyo headquarters in Tokyo, Japan October 9, 2019. Picture taken October 9, 2019. REUTERS/Issei Kato/File Photo

TOKYO – Asahi Kasei plans to spend about 200 billion yen ($1.3 billion) to build a battery component factory in Canada, the Nikkei newspaper said on Wednesday.

The plant is being built primarily to supply Honda Motor’s electric vehicle production in Canada, the newspaper said.

Organizations

Latest on Kathari

First Minister John Swinney was shown a hydrogen gas cooker during the visit (Jane Barlow/PA)

Swinney: Hydrogen-powered home is ‘exciting’ development in climate change fight

3 Feb 2025UK PA Media
FILE - People walk amid an oil spill in the Niger Delta in village of Ogboinbiri, Nigeria, Dec. 11, 2024. (AP Photo/Sunday Alamba, File)

Nigeria moves to restart oil production in vulnerable region after Shell sells much of its business

3 Feb 2025The Associated Press
FILE PHOTO: A general view of a Tesla store in Porsgrunn, Norway, December 24, 2021. REUTERS/Victoria Klesty/File Photo

Tesla loses market share in Sweden, Norway as Musk looms large

3 Feb 2025Reuters
Norway aims for all new cars sold to be 'zero emission' starting in 2025, which is 10 years ahead of the goal set by the European Union (AFP)

Norway nears 100% goal of all-electric cars

3 Feb 2025Agence France-Presse

Most Viewed on Kathari

FILE PHOTO: Oil pumpjacks and tanks are pictured in a farmer's field near Kindersley, Saskatchewan, Canada September 5, 2024. REUTERS/Todd Korol/File Photo

US oil imports from Canada hit record ahead of tariff threat, EIA data shows

8 Jan 2025Reuters
dian oil and gas stocks climbed Monday as the country's energy sector absorbed the news of Prime Minister Justin Trudeau's resignation. Pumpjacks draw out oil and gas from wells near Calgary on Monday, Sept. 18, 2023. THE CANADIAN PRESS/Jeff McIntosh

Canadian oil stocks climb as industry absorbs news of Trudeau resignation

6 Jan 2025The Canadian Press

Australia needs better ways of storing renewable electricity for later. That’s where ‘flow batteries’ can help

4 Jan 2025The Conversation
Solar car port generating green electricity with cars parked at a parkade at the Telus Science Center in Calgary, Alta., on Oct. 30, 2024. (Ramon Cliff/Alamy via Reuters)

Learn from Canada’s world-leading battery energy storage production for transport

19 Dec 2024Kathari News

Related Articles

First Minister John Swinney was shown a hydrogen gas cooker during the visit (Jane Barlow/PA)
ClimateHydrogen

Swinney: Hydrogen-powered home is ‘exciting’ development in climate change fight

John Swinney says the opening of the first hydrogen-powered homes at a...

By Neil Pooran3 Feb 2025UK PA Media
FILE PHOTO: People walk past an installation depicting barrel of oil with the logo of Organization of the Petroleum Exporting Countries (OPEC) during the COP29 United Nations climate change conference in Baku, Azerbaijan November 19, 2024. REUTERS/Maxim Shemetov/File Photo
BusinessOilPoliticsTrade

OPEC+ likely to stick to oil output hike plan, sources say

By Maha El Dahan, Ahmad Ghaddar and Olesya Astakhova LONDON (Reuters) -OPEC+...

By Maha El Dahan, Ahmad Ghaddar and Olesya Astakhova3 Feb 2025Reuters
FILE - People walk amid an oil spill in the Niger Delta in village of Ogboinbiri, Nigeria, Dec. 11, 2024. (AP Photo/Sunday Alamba, File)
BusinessEconomyOilPolitics

Nigeria moves to restart oil production in vulnerable region after Shell sells much of its business

ABUJA, Nigeria (AP) — The Nigerian government is in talks with local...

By Taiwo Adebayo3 Feb 2025The Associated Press
FILE PHOTO: Republican presidential nominee and former U.S. President Donald Trump makes a campaign stop at manufacturer FALK Production in Walker, Michigan, U.S. September 27, 2024. REUTERS/Brian Snyder/File Photo
BusinessEconomyIndustryInfrastructurePoliticsTrade

US metal buyers likely to turn to Mideast, Chile as tariffs bite

By Melanie Burton MELBOURNE (Reuters) -U.S. companies will look to the Middle...

By Melanie Burton3 Feb 2025Reuters

Login into your Account

Please login to like, dislike or bookmark this article.