A division of Honda Canada Inc. is set to announce Wednesday that it will spend $1.38 billion over six years to upgrade an Ontario manufacturing plant to make electric hybrid vehicles, an investment that includes millions in funding from the federal and provincial governments.
Honda Canada spokesman John Bordignon confirmed that the 2023 CR-V and CR-V Hybrid will be built in the company’s Alliston, Ont., plant.
A draft news release obtained by The Canadian Press says it will be the lead plant for the 2023 CR-V Hybrid crossover.
The release says the federal and provincial governments will chip in $131.6 million
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