Honda EV Investment Delay

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Honda, EV and Canadian Investment

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,

The Canadian Press on MSN · 11h

Joly says Honda still committed to EV investments after $15-billion project delayed

Industry Minister Mélanie Joly says Honda Canada remains "fully committed" to major electric-vehicle investments in Canada after the company announced Tuesday that it was pausing a multibillion-dollar EV project in Ontario.

The Waterloo Region Record · 1d

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

TORONTO - Honda Canada is postponing a $15-billion electric vehicle investment project in Ontario, including a proposed EV battery plant and retooled vehicle assembly facility.

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.

13h

Canada Confident About EV Strategy Amid Honda Setback -- 2nd Update

Research from Canada's parliamentary budget watchdog indicates that manufacturers, between 2020 and 2024, unveiled plans to invest roughly $33 billion in EV and related supply-chain production. The ...

Honda faces 59% profit drop, pauses EV supply chain expansion in Canada

Honda's forecast is the latest signal of the difficulty car makers are having navigating tariffs alongside the rise of ...

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Honda, EV and Canadian Investment

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