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Honda, EV and Ontario

Honda Blames EV Slowdown For Putting $15B Canadian Investment On Ice

Honda’s CA$15 billion commitment was touted by former Prime Minister Justin Trudeau as the “largest auto investment in Canada’s history.” It was to include a battery plant with an annual capacity of 36 GWh while an EV assembly plant would have been able to build as many as 240,000 vehicles per year from 2028.

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· 1h · on MSN

The Canadian Press on MSN · 20h

Honda postpones $15-billion EV investment project in Ontario citing market demand

the deep dive · 1h

Honda Delays $15B Ontario EV Project, Cites Weak Demand

21h

Honda’s EV delay shows how Canada’s new Industry Minister has her work cut out for her

Among the major government-backed EV-making investments announced in the past few years, Honda’s stands to be both the ...

18h

Honda’s plans to delay electric vehicle factories ‘a blow to the community’

Honda announced the postponement on Tuesday after forecasting a 59 per cent profit decline in the current fiscal year.

1don MSN

Honda delays a large electric vehicle investment in Canada

Honda Motor ( NYSE: HMC) announced on Tuesday a two-year postponement of its ambitious $15 billion electric vehicle ...

Wealth Professional4h

Honda delays $15 billion EV build as demand stalls and tariffs bite

Honda Motor has delayed its planned $15bn electric vehicle (EV) battery and assembly facility in Ontario by approximately two ...

21hon MSN

Honda to postpone plans for EV plant in Canada for at least 2 years

Honda said its plan to build an EV supply chain in Alliston, Ont. — which was first announced in April 2024 — would be paused ...

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