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Honda is postponing its $10.7 billion expansion in Ontario to make EVs and EV components for two years. The brand cites reduced profits from U.S. tariffs and softer-than-expected demand for EVs in the ...
Subaru is the latest Japanese automaker to announce it will “re-evaluate” its EV plans. The company is rethinking its ...
Honda is also postponing its $11 billion investment in Ontario EV factories due to slowing demand in North America.
Slowing demand for EVs and US tariffs impact on Canada’s auto sector force the Japanese automaker to postpone plans for an EV ...
Discover how top automakers are planning their EV goals, model launches, and sustainability targets through 2030.
Honda has postponed a $15-billion electric vehicle project in Ontario, citing market demand, and is shifting some production ...
President Trump’s trade war again tests Canada’s new government. Honda is also postponing a major electric vehicle factory in ...
On May 2, General Motors Co. announced it was cutting a third shift at its Oshawa, Ont., assembly plant, where it produces Chevrolet Silverado pickup trucks. Before that, it halted production at its ...
Due to the US President’s tariff policy, carmakers across the globe are considering boosting their local US-based ...
The beleaguered Japanese automaker will leverage its partnership with Renault for India and Europe while Mitsubishi will be ...
Honda said on Tuesday it would postpone by at least two years its large-scale investments to establish an electric vehicle ...