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

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

Honda Motor Co., Ltd on Tuesday released new details explaining why it is delaying its planned $15 billion investment in a battery and electric vehicle complex in Ontario by around two years. In its ...

(Credit: Kyodo News via Associated Press) Honda Motor Co., Ltd on Tuesday released new details explaining why it is delaying its planned $15 billion investment in a battery and electric vehicle ...

Honda is rethinking its playbook when it ... icing a $10.7 billion plan to convert its factory in Alliston, Ontario, into an EV manufacturing facility. That plant was meant to support the Ohio ...

Earlier this month, Honda announced a two-year delay on a C$15bn ($10.7bn) plan to establish an EV production base in Ontario, Canada, due to the reduced demand for electric cars. Despite these ...

Kristian Aquilina says no traditional automaker is close to the government’s sales threshold and the targets are unattainable ...

Honda Motor said on Tuesday that it was scaling back its investment in electric vehicles given slowing demand and would be focusing on hybrids, now far more in favour, with a slew of revamped models.

Honda is navigating the difficult transition to EVs by going step by step. It starts with introducing EVs at the retooled EV hub in Ohio, followed by new plants in Ontario that will come online a ...

At present, of the over $50 billion committed to EV manufacturing by the federal government, Ontario and Quebec, about 70 per ...