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. "Honda will announce the ...

A year after the $15-billion electric vehicle project in Ontario was announced, Honda Canada is pushing the project back. The company said Tuesday it would put the plan to build an EV supply ...

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 ...

Honda has always had a funny relationship with electrification. Witness the fits and starts of cars like the CR-Z, plus ...

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 is reassessing its EV strategy and roadmap, including plans for the EV product lineup and the timing of relevant investments including one to build a comprehensive EV value chain in Canada ...

Honda Motor Co., Ltd on Tuesday released new details explaining ... But that shift means that its comprehensive EV project in Canada, which Mibe said has a “central focus on batteries” is taking a ...

A few years ago, the auto industry was on a frenetic tear to introduce electric vehicles, convinced the transition was imminent. Many of the Japanese automakers, Honda included, were slow to make ...

Honda Motor Co. Chief Executive Toshihiro Mibe stressed the long-term shift toward electrification remained unchanged, just pushed back in time.

Honda Motor Co. said Tuesday it will cut its investment plan for electric vehicle technology through fiscal 2030 to around 7 trillion ...

Honda aims to sell 2.2 million hybrids a year by the end of the decade and is reducing EV investment amid slowing consumer demand.

More than half of the roughly $50 billion committed to Canadian EV assembly, battery manufacturing and critical minerals ...