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Honda Postpones $11 Billion Canada EV Project for Two Years

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 for about two years, due to uncertainty caused by tariffs.

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· 14h · on MSN

Tariffs Drive Honda to Move S.U.V. Production From Canada to U.S.

· 20h · on MSN

Honda Canada postpones multibillion EV investment project in Ontario

18hon MSN

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 ...

2hon MSN

Battery plant in Port Colborne, Ont., to see 'minimal' impact from Honda investment withdrawal: partner

Japanese multinational Asahi Kasei Corporation and Honda Canada formed a joint venture to make battery separators in Niagara.

16hon MSN

Honda postpones $15B of electric vehicle investments in Ontario

Honda Canada is postponing a $15-billion electric vehicle investment project in Ontario, including a proposed EV battery ...

12h

Honda delays Ontario EV project plans, citing weak demand

The development won’t affect jobs at Honda’s Alliston, Ont., plant, but it comes at a turbulent for the province’s automotive ...

Canada's National Observer9h

Honda pumps brakes on $15 billion EV hub, Ontario premier vows to hold auto firms 'accountable'

Slowing demand for EVs and US tariffs impact on Canada’s auto sector force the Japanese automaker to postpone plans for an EV ...

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