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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 ...
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 ...
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 ...
the deep dive2h
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 ...
Honda Delays $15 Billion Electric Vehicle Project In Canada
Japanese automaker Honda Motor Co. (HMC) is postponing a $15-billion electric vehicle (EV) project in Ontario as it shifts ...
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.
Honda Delays $15B Ontario EV Project; Ford Vows Accountability
Ontario Premier Doug Ford says he will make sure auto companies, including Honda, follow through on their commitments to ...
Devdiscourse1d
Honda Canada's $15 Billion Electric Vehicle Plan Faces Two-Year Delay
Honda Canada has delayed a $15 billion electric vehicle investment in Ontario due to a slowdown in the EV market. This ...
Honda Postpones $11 Billion Canada EV Project on Weak Sales -- 2nd Update
Postponing the Canadian EV project is part of the automaker's effort to contain the damage from hefty U.S. tariffs on foreign-made vehicles. Honda said it expects its net profit to drop 70% to 250 ...