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News

Honda to postpone plans for EV plant in Canada

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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 for about two years, due to uncertainty caused by tariffs.

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 · 23h · on MSN
 · 23h
Honda’s EV delay shows how Canada’s new Industry Minister has her work cut out for her
 · 11h
Hope remains that Honda’s Ontario EV plant will be built, despite delay
the deep dive
3h
Honda Delays $15B Ontario EV Project, Cites Weak Demand
Honda Canada is postponing its $15 billion electric vehicle project in Ontario for approximately two years, pointing to weak ...
Wealth Professional
6h
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 ...
1don MSN
Honda stock drops on fears of $3 billion tariff hit
Honda is the latest automaker to warn of a massive hit to its profits as a result of President Trump's auto tariffs.

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