Honda delays its $15 billion investment in Canada due to slowing EV demand. The postponement affects plans for a 240,000-vehicle EV plant and battery facility. EV sales continue to rise in Canada and the US,

Japanese automaker Honda Motor Co. (HMC) is postponing a $15-billion electric vehicle (EV) project in Ontario as it shifts more production to the U.S. due to American import tariffs. In announcing the Canadian manufacturing pause,

Honda Motor has delayed its planned $15bn electric vehicle (EV) battery and assembly facility in Ontario by approximately two years, citing slowing EV demand and tariff impacts, as reported by Reuters .

Honda said it is delaying its scale-up in the community of Alliston, which includes a battery plant and retooled vehicle assembly line, for about two years as it monitors market conditions.

Honda Canada has delayed a $15 billion electric vehicle investment in Ontario due to a slowdown in the EV market. This project includes a retooled assembly plant and EV battery facility. The delay will not affect current employment at Honda's existing manufacturing plant in Alliston,