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Honda Canada has announced a two-year pause on its Ontario investments that included retooling an assembly facility and ...
Honda said its plan to build an EV supply chain in Alliston, Ont. — which was first announced in April 2024 — would be paused ...
Honda Canada is postponing a $15-billion electric vehicle investment project in Ontario, including a proposed EV battery ...
Honda announced the postponement on Tuesday after forecasting a 59 per cent profit decline in the current fiscal year.
The development won’t affect jobs at Honda’s Alliston, Ont., plant, but it comes at a turbulent for the province’s automotive ...
New Tecumseth Mayor Richard Norcross says he is disappointed with Honda's decision but he will continue to advocate for the project, which was expected to create about 1,000 jobs.
Slowing demand for EVs and US tariffs impact on Canada’s auto sector force the Japanese automaker to postpone plans for an EV ...
Ontario Premier Doug Ford says he will make sure auto companies, including Honda, follow through on their commitments to ...
The Canadian Press on MSN20h
Honda postpones $15-billion EV investment project in Ontario citing market demandTORONTO — Honda has postponed a $15-billion electric vehicle project in Ontario citing market demand. It marks the biggest ...
Jim Hinton, intellectual property lawyer and founder of Own Innovation, says Honda postponing its plan for an EV plant in Canada comes as no surprise and predicts more will fall. He says Canada does ...
Global News on MSN15h
Honda stalls $15B EV investment in OntarioHonda Canada is postponing its $15 billion investment for electric vehicle (EV) at its Alliston, Ont. plant for two years.
The Canadian Press on MSN20h
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 ...
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