News

Honda said its plan to build an EV supply chain in Alliston, Ont. — which was first announced in April 2024 — would be paused ...
Honda has postponed a $15-billion electric vehicle project in Ontario, citing market demand, and is shifting some production ...
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 ...
Among the major government-backed EV-making investments announced in the past few years, Honda’s stands to be both the ...
The mayor of an Ontario municipality set to be the home for Honda’s now-postponed $15-billion electric-vehicle project said Tuesday he is not giving up hope on the plant. New Tecumseth Mayor Richard ...
Honda Canada will postpone a $15-billion electric vehicle investment project in Canada's most populous province, including a proposed EV battery plant and retooled vehicle assembly facility.
The development won’t affect jobs at Honda’s Alliston, Ont. plant, but it comes at a turbulent for the province’s automotive ...
Honda Motor ( NYSE: HMC) announced on Tuesday a two-year postponement of its ambitious $15 billion electric vehicle ...
Honda Canada has delayed a $15 billion electric vehicle investment in Ontario due to a slowdown in the EV market. This ...
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 ...
Postponing the Canadian EV project is part of the automaker's effort to contain the damage from hefty U.S. tariffs on foreign-made vehicles. Honda said it expects its net profit to drop 70% to 250 ...