News

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 ...
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 ...
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.
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 ...
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.
Canada's National Observer14h
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 ...