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Honda, EV and Ontario

Honda Blames EV Slowdown For Icing $15 Billion Canadian Investment

Honda delays its $15 billion investment in Canada due to slowing EV demand. The postponement affects plans for a 240,000-vehicle EV plant and battery facility. EV sales continue to rise in Canada and the US,

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Honda Canada postpones multibillion EV investment project in Ontario

· 22h · on MSN

Honda postpones $15B of electric vehicle investments in Ontario

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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 ...

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Honda puts two-year pause on $15-billion EV plant in Ontario

Honda Canada has announced a two-year pause on its Ontario investments that included retooling an assembly facility and ...

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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.

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Ford vows to hold Honda 'accountable' after it postpones $15B Ontario EV project

Ontario Premier Ford is vowing to hold auto companies that pull out from Ontario "accountable" after news that ...

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Honda Shifts CR-V Production from Canada to the U.S. Due to Tariffs

Honda is also postponing its $11 billion investment in Ontario EV factories due to slowing demand in North America.

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