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Honda said its plan to build an EV supply chain in Alliston, Ont. — which was first announced in April 2024 — would be paused for about two years, due to uncertainty caused by tariffs.
By Paul Vieira and Robb M. Stewart. OTTAWA--Honda Motor said it is postponing by about two years an $11 billion electric-vehicle manufacturing project in Canada, citing weaker-than-expected EV sales.
After postponing its electric vehicle investments in Ontario by at least two years and deciding to spend more money on ...
Honda last April announced plans to invest up to $11 billion to establish an EV production hub in Canada, which included a factory with an annual output of 240,000 EVs a year and a 36 GWh battery ...
Honda has assured Canada that no jobs will be lost and it is committed to major electric vehicle investments in the country, Industry Minister Melanie Joly said on Wednesday, in the wake of the ...
Honda delays its $15 billion investment in Canada due to slowing EV demand. The postponement affects plans for a 240,000-vehicle EV plant and battery facility. EV sales continue to rise in Canada ...
TORONTO (AP) — Honda Canada will postpone a $15-billion Canadian (US$10.7 billion) electric vehicle investment project in Canada’s most populous province, including a proposed EV battery plant ...
Honda has reportedly halted development of a large electric SUV as demand for electric cars in the US is expected to decline ...
The Honda Prologue and Acura ZDX are noticeably outselling the Chevy Blazer EV and Cadillac Lyriq, even though they're all basically the same car.
By Paul Vieira and Robb M. Stewart. OTTAWA--Honda Motor said it is postponing by about two years an $11 billion electric-vehicle manufacturing project in Canada, citing weaker-than-expected EV sales.