Honda delays its $15 billion investment in Canada due to slowing EV demand. The postponement affects plans for a ...

Honda Motor has delayed its planned $15bn electric vehicle (EV) battery and assembly facility in Ontario by approximately two ...

Brian Kingston of the Canadian Vehicle Manufacturers’ Association speaks about the EV market and what’s behind the decline of ...

Honda Canada is postponing a $15-billion electric vehicle investment project in Ontario, including a proposed EV battery ...

Honda said its plan to build an EV supply chain in Alliston, Ont. — which was first announced in April 2024 — would be paused ...

TORONTO--Honda Canada will postpone a $15-billion Canadian (US$10.7 billion) electric vehicle investment project in Canada's most populous province, including a proposed EV battery plant and retooled ...

Ontario Premier Ford is vowing to hold auto companies that pull out from Ontario "accountable" after news that Honda ...

Honda announced the postponement on Tuesday after forecasting a 59 per cent profit decline in the current fiscal year.

Honda said it is delaying its scale-up in the community of Alliston, which includes a battery plant and retooled vehicle ...

Among the major government-backed EV-making investments announced in the past few years, Honda’s stands to be both the ...

The development won’t affect jobs at Honda’s Alliston, Ont., plant, but it comes at a turbulent for the province’s automotive ...

Canadian governments have offered carmakers billions of dollars to help them build EV plants in the past few years. Some are ...