Honda announced the postponement on Tuesday after forecasting a 59 per cent profit decline in the current fiscal year.

Honda’s CA$15 billion commitment was touted by former Prime Minister Justin Trudeau as the “largest auto investment in Canada ...

Honda has postponed a $15-billion electric vehicle project in Ontario, citing market demand, and is shifting some production ...

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 ...

Honda Motor has delayed its planned $15bn electric vehicle (EV) battery and assembly facility in Ontario by approximately two ...

Japanese automaker Honda Motor Co. (HMC) is postponing a $15-billion electric vehicle (EV) project in Ontario as it shifts ...

Honda Canada is postponing its $15 billion electric vehicle project in Ontario for approximately two years, pointing to weak ...

Use precise geolocation data. Actively scan device characteristics for identification. Store and/or access information on a ...

Research from Canada's parliamentary budget watchdog indicates that manufacturers, between 2020 and 2024, unveiled plans to invest roughly $33 billion in EV and related supply-chain production. The ...

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 ...