News

All three of Japan’s largest carmakers are struggling with tough market conditions in the world’s two largest economies. In ...
Honda delays its $15 billion investment in Canada due to slowing EV demand. The postponement affects plans for a ...
The Detroit automaker is trying to lower its battery costs to enable cost parity with its gas-powered products by adding new ...
The supplier of lithium-ion batteries to Tesla is getting ready to start production at a second U.S.-based factory in Kansas, ...
The C-HR, which was originally born to fight off Honda's HR-V but ... lineup of alternative propulsion vehicles. Built on the e-TNGA platform, the C-HR is powered by a 74.7 kWh battery pack and comes ...
An $11-billion plan to manufacture 240,000 EVs/year, plus batteries, in Ontario is on a two-year hold as the Japanese ...
Expensive Cars: "Prices and interest rates are both high and stuck," said Mark Schirmer, director of industry insights for ...
Slowing demand for EVs and US tariffs impact on Canada’s auto sector force the Japanese automaker to postpone plans for an EV ...
During the announcement of its 2024-2025 fiscal year financial results on May 13, Honda CEO Toshihiro Mibe stated that in the ...
Honda has postponed a $15-billion electric vehicle project in Ontario, citing market demand, and is shifting some production ...
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 ...