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Trump policies stall Honda EV investment, further threatening Canadian auto jobs
CNW/ - Honda's decision to stall a $15 billion electric vehicle supply chain in Ontario is the latest blow to Canadian autoworkers, as U.S. President Donald Trump's escalating attacks on the EV sector and cross-border auto trade continue to put Canadian jobs at risk.
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 ...
Japanese automaker Honda Motor Co. (HMC) is postponing a $15-billion electric vehicle (EV) project in Ontario as it shifts ...
Honda Motor (NYSE:HMC) announced on Tuesday a two-year postponement of its ambitious $15 billion electric vehicle investment ...
The development won’t affect jobs at Honda’s Alliston, Ont., plant, but it comes at a turbulent for the province’s automotive ...
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 ...
Honda Canada is postponing a $15-billion electric vehicle investment project in Ontario, including a proposed EV battery ...
Ontario Premier Doug Ford says he will make sure auto companies, including Honda, follow through on their commitments to ...
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 ...
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 ...
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