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Canada’s $174B Battery Push Just Flipped the EV Game
Canada is pushing forward with a \$174 billion investment to build a complete electric vehicle ecosystem, spanning from mineral extraction to battery manufacturing. Honda initially committed \$11 billion to develop a major EV hub in Ontario but has postponed the project by two years due to market shifts and new U.S. tariffs. The company is now focusing more on hybrids, citing slower-than-expected EV adoption and cost concerns. Despite the delay, Canada remains committed to becoming a global leader in EV and battery technology. The government continues dialogue with Honda, keeping the door open for future investment.

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