Tag: Canada
-
Honda | Asahi Kasei and Honda Sign Shareholder Agreement for Joint Venture in Canada to Produce Lithium-Ion Battery Separators
Asahi Kasei and Honda have signed a shareholder agreement to establish a joint venture in Canada for producing lithium-ion battery separators. Honda will acquire a 25% stake in Asahi Kasei’s Canadian subsidiary, forming “Asahi Kasei Honda Battery Separator Corporation” (provisional name) with an investment of around CAD 417 million. This joint venture aims to create…
-
Mercedes-Benz | Mercedes-Benz expands open innovation activities in Canada alongside research in neuromorphic computing
Mercedes-Benz is expanding its startup incubation and scouting activities in Canada through a partnership with the Ontario Vehicle Innovation Network (OVIN). The company is also collaborating with the University of Waterloo on research into neuromorphic computing for enhanced autonomous driving capabilities. Source: Here
-
Ford｜Ford Pro Demand Drives F-Series Super Duty Production Expansion to Canada
Ford is adding a third North American assembly plant in Oakville, Ontario, Canada, to meet the demand for F-Series Super Duty trucks. Starting in 2026, the Oakville Assembly Complex will add initial capacity for 100,000 trucks, including future multi-energy technology. This move supports Ford’s plan for profitable growth and maximizes its manufacturing footprint. The expansion…