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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 ...
Tariffs Drive Honda to Move S.U.V. Production From Canada to U.S.
President Trump’s trade war again tests Canada’s new government. Honda is also postponing a major electric vehicle factory in ...
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 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 investment ...
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 ...
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.