Honda assures Canada no jobs will be lost
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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 and the US,
Industry Minister Mélanie Joly says Honda Canada remains “fully committed” to major electric-vehicle investments in Canada after the company announced Tuesday that it was pausing a multibillion-dollar EV project in Ontario.
The development won’t affect jobs at Honda’s Alliston, Ont., plant, but it comes at a turbulent for the province’s automotive industry
Honda Malaysia has launched its first all-electric vehicle in the country, with the e:N1 making its official debut earlier this morning. The B-segment SUV, which was first shown here last December at the Kuala Lumpur
Honda Malaysia President and Chief Officer said that the automakers are doubting to invest in Malaysia's CKD programme.
Japanese auto giant Honda has pumped the brakes on its $15 billion plan to build an electric vehicle supply chain in Canada, blaming "changing market conditions” for a decision that
Honda announced the postponement on Tuesday after forecasting a 59 per cent profit decline in the current fiscal year.