News

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 ...
The Canadian Press on MSN1d
Ontario mayor remains hopeful Honda's EV plant will be built, despite delay
The mayor of an Ontario municipality set to be the home for Honda's now-postponed $15-billion electric-vehicle project said ...
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 $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 ...
the deep dive20h
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 ...
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 ...
Canada Confident About EV Strategy Amid Honda Setback -- 2nd Update
Research from Canada's parliamentary budget watchdog indicates that manufacturers, between 2020 and 2024, unveiled plans to invest roughly $33 billion in EV and related supply-chain production. The ...
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 ...