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

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

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

Honda has postponed a $15-billion electric vehicle project in Ontario, citing market demand, and is shifting some production ...

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

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

Japan's Honda Motor forecast a 59 per cent profit decrease in the current financial year and said it would put on hold a plan ...

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

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 ...

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 ...