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Kristian Aquilina says no traditional automaker is close to the government’s sales threshold and the targets are unattainable ...
Interest in EVs enters another low period after a rush in demand early in the pandemic, and all the usual suspects are again ...
A big part of this plan is next-generation ADAS (advanced driver-assist systems), which the company is developing in-house.
The company said global demand is projected to grow from 50 million to 60 million units by 2030, particularly in the Global South, including India, and Honda plans to ... decision to postpone the ...
The proposed investment reduction is based on its decision to postpone the project to establish a comprehensive EV value chain in ... towards 2030, Honda plans to improve profitability with ...
Honda Motor Co. Chief Executive Toshihiro Mibe stressed the long-term shift toward electrification remained unchanged, just pushed back in time.
Honda Motor plans to reduce its investment in ... Last week, Honda said it would postpone by about two years an $11 billion EV manufacturing project in Canada, citing weaker-than-expected EV ...
Earlier this month, Honda postponed its much-publicized C$15 billion ($10.7 billion) plan to establish an EV production base in Ontario, Canada. The delay, projected to last two years, is attributed ...
Honda Motor Co., Ltd.'s FY2025 earnings revealed resilient motorcycle and hybrid sales, but auto segment weakness and a 12% profit drop spooked investors. FY2026 guidance is ultra-conservative ...
OTTAWA — Industry Minister Mélanie Joly says Honda ... EV investments right here in Canada — and we’ll work together to make it happen," Joly said. Honda announced on Tuesday that it has ...
"The North Star is towards electrification," Champagne told reporters Wednesday when asked about concerns over Honda's decision this week to postpone ... plans to invest roughly $33 billion in EV ...
OTTAWA - Industry Minister Mélanie Joly says Honda Canada remains “fully committed ... that it was pausing a multibillion-dollar EV project in Ontario. Joly said in a statement Wednesday ...