News

Japanese auto giant Honda has pumped the brakes on its $15 billion plan to build an electric vehicle supply chain in Canada, ...
Honda said it is delaying its scale-up in the community of Alliston, which includes a battery plant and retooled vehicle ...
Honda Canada is postponing its $15 billion electric vehicle project in Ontario for approximately two years, pointing to weak ...
Honda Canada has announced a two-year pause on its Ontario investments that included retooling an assembly facility and ...
Electric vehicles set to surpass 25% of global sales by 2025 as affordability improves and China leads the market, IEA report ...
Brian Kingston of the Canadian Vehicle Manufacturers’ Association speaks about the EV market and what’s behind the decline of ...
An $11-billion plan to manufacture 240,000 EVs/year, plus batteries, in Ontario is on a two-year hold as the Japanese ...
Jim Hinton, intellectual property lawyer and founder of Own Innovation, says Honda postponing its plan for an EV plant in Canada comes as no surprise and predicts more will fall. He says Canada does ...
Honda Canada is postponing its $15 billion investment for electric vehicle (EV) at its Alliston, Ont. plant for two years.
Slowing demand for EVs and US tariffs impact on Canada’s auto sector force the Japanese automaker to postpone plans for an EV ...
Honda announced the postponement on Tuesday after forecasting a 59 per cent profit decline in the current fiscal year.
During the announcement of its 2024-2025 fiscal year financial results on May 13, Honda CEO Toshihiro Mibe stated that in the ...