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News

Honda to postpone plans for EV plant in Canada

CBC.ca on MSN · 3d
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 for about two years, due to uncertainty caused by tariffs.
The Car Guide · 3d
Honda to Postpone EV Investments in Ontario by Two Years, Move Some CR-Vs
Honda said on Tuesday it would postpone by at least two years its large-scale investments to establish an electric vehicle supply chain in Canada. Originally announced in April of last year , the project is valued at $15 billion,
American Machinist · 3d
Honda Postpones EV Project in Canada
An $11-billion plan to manufacture 240,000 EVs/year, plus batteries, in Ontario is on a two-year hold as the Japanese automaker considers the effects U.S. tariffs on its
1d
Honda Earnings: Hybrids Deliver, But Tariffs And EV Delays Weigh Heavily
Honda Motor's FY2025 earnings revealed resilient motorcycle and hybrid sales, but auto segment weakness and 12% profit drop ...
3d
Honda to postpone Canada EV plant plan
Japan's Honda Motor Co. said it would postpone a plan to build an electric vehicle (EV) supply chain in Canada, local ...
3d
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.

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