Honda Canada EV Delay

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Honda Blames EV Slowdown For Icing $15 Billion Canadian Investment

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,

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Trump policies stall Honda EV investment, further threatening Canadian auto jobs

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Honda Canada postpones multibillion EV investment project in Ontario

Tariffs Drive Honda to Move S.U.V. Production From Canada to U.S.

Honda said on Monday that it would shift production of one of its popular vehicles from Ontario to a U.S. factory and postpone an $11 billion plan to make electric vehicles and batteries in Canada.

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Honda Postpones $11 Billion Canada EV Project for Two Years on Weak Sales -- Update

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Tariff Misery in Japan: Honda and Nissan Forecast Plunges in Profit

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Honda to postpone plans for EV plant in Canada for at least 2 years

Honda said its plan to build an EV supply chain in Alliston, Ont. — which was first announced in April 2024 — would be paused for about two years, due to uncertainty caused by tariffs.

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Honda’s EV delay shows how Canada’s new Industry Minister has her work cut out for her

Among the major government-backed EV-making investments announced in the past few years, Honda’s stands to be both the biggest and the best value from a Canadian perspective

Wealth Professional5h

Honda delays $15 billion EV build as demand stalls and tariffs bite

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 .

the deep dive3h

Honda Delays $15B Ontario EV Project, Cites Weak Demand

Honda Canada is postponing its $15 billion electric vehicle project in Ontario for approximately two years, pointing to weak EV demand and market uncertainty caused by US tariffs. The project, announced in April 2024,

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Honda delays Ontario EV project plans, citing weak demand

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

Honda Delays $15 Billion Electric Vehicle Project In Canada

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,

1don MSN

Honda delays a large electric vehicle investment in Canada

Honda Motor (NYSE:HMC) announced on Tuesday a two-year postponement of its ambitious $15 billion electric vehicle investment project in Ontario. The Japanese automaker pointed to a slowdown in global EV demand and mounting economic uncertainty linked to new U.

Honda Postpones $11 Billion Canada EV Project on Weak Sales -- 2nd Update

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 billion yen ($1.68 billion) for the year ending March 2026.

Honda Delays $15B Ontario EV Project; Ford Vows Accountability

Ontario Premier Doug Ford says he will make sure auto companies, including Honda, follow through on their commitments to build cars in the province. His comments came after Honda announced it was putting its $15 billion electric vehicle (EV) supply chain project in Alliston,

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Hope remains that Honda’s Ontario EV plant will be built, despite delay

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.