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Honda Just Delayed a $15 Billion EV Megaproject—Here’s What Went Wrong
Honda announced a two-year delay in its planned 15 billion CAD (approximately 11.25 billion USD) electric vehicle (EV) and ...
Electric Autonomy Canada2d
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 ...
Honda puts two-year pause on $15-billion EV plant in Ontario
Honda Canada has announced a two-year pause on its Ontario investments that included retooling an assembly facility and ...
Honda Is Moving CR-V Production from Canada to the U.S. Due to Tariffs
In another blow to Canada, Honda is postponing its $11 billion investment in Ontario EV factories due to slowing demand in North America.
Canada's National Observer3d
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 'promised' to continue EV expansion in Ontario, Ford says
Premier Doug Ford says he will hold auto-manufacturers "accountable" and ensure they continue making vehicles in Ontario ...
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.
Driving.ca2d
Ontario Honda CR-V production to be realigned with global markets
At present, Honda builds about 200,000 CR-Vs annually in Canada (214,095 last year) but our market only bought approximately ...