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Honda, Canada and EV

Honda sees full-year profit down 59% as US tariffs bite, postpones Canada EV plans

Japan's Honda Motor forecast a 59% profit decrease in the current financial year and said it would put on hold a plan to build an EV supply chain in Canada, amid the uncertainty stemming from U.S. President Donald Trump's tariffs.

· 19h · on MSN

· 11h · on MSN

Honda to postpone plans for EV plant in Canada for at least 2 years

· 10h

Honda’s EV delay shows how Canada’s new Industry Minister has her work cut out for her

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

Honda said on Monday that it would shift production of one of its popular vehicles from Ontario to a U.S. factory and postpone an $11 billion plan to make electric vehicles and batteries in Canada.

· 12h

· 19h

Honda, Nissan Expect to Be Hit Hard by U.S. Tariffs

· 12h

Tariff Misery in Japan: Honda and Nissan Forecast Plunges in Profit

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 industry

12hon 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 plant and retooled vehicle assembly facility.

The Canadian Press on MSN9h

Honda delays $15-billion EV project citing demand, shifts some CR-V output to U.S.

Honda has postponed a $15-billion electric vehicle project in Ontario, citing market demand, and is shifting some production of its popular CR-V model intended for the U.S. market to its Ohio plant because of tariffs.

15hon MSN

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 Honda announced it is putting a major electric vehicle supply chain planned for the province on hold.

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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The Car Guide18h

Honda to Postpone EV Investments in Ontario by Two Years, Move Some CR-Vs

Honda said on Tuesday it would postpone by at least two years its large-scale investments to establish an electric vehicle supply chain in Canada. Originally announced in April of last year , the project is valued at $15 billion,