News

Electric Autonomy Canada12h
Honda hits pause on $15-billion EV value chain build out in Ontario
Slower market demand, tariffs and evolving production strategies cited as some of the reasons why Honda is pausing its ...
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 ...
Canada's National Observer2d
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 ...
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.
The Canadian Press on MSN2d
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 ...
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.