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Honda pauses planned EV factory in Canada

CBC.ca on MSN · 1d

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.

MarketWatch · 1h

Canada Confident About EV Strategy Amid Honda Setback

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 Canadian government pledged $22 billion in financing and tax breaks to lure those companies.

Reuters on MSN · 1d

Honda sees full-year profit down 59% as US tariffs bite, postpones Canada EV plans

Japan's Honda Motor forecast a 59% profit decrease in the current financial year and said it would put on hold a plan to build an EV supply chain in Canada, amid the uncertainty stemming from U.S. President Donald Trump's tariffs.

1d

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

President Trump’s trade war again tests Canada’s new government. Honda is also postponing a major electric vehicle factory in ...

2h

Honda pumps brakes on $15 billion Ontario EV hub as premier vows to hold automakers ‘accountable’

Japanese auto giant Honda has pumped the brakes on its $15 billion plan to build an electric vehicle supply chain in Canada, ...

12hon MSN

Battery plant in Port Colborne, Ont., to see 'minimal' impact from Honda investment withdrawal: partner

Japanese multinational Asahi Kasei Corporation and Honda Canada formed a joint venture to make battery separators in Niagara.

5h

Honda puts two-year pause on $15-billion EV plant in Ontario

Honda Canada has announced a two-year pause on its Ontario investments that included retooling an assembly facility and ...

Canada's National Observer19h

Honda pumps brakes on $15 billion EV hub, Ontario premier vows to hold auto firms 'accountable'

Slowing demand for EVs and US tariffs impact on Canada’s auto sector force the Japanese automaker to postpone plans for an EV ...

Some Honda CR-V production shifting from Ontario to Ohio

In response to tariff talk from the Trump administration, Honda appears to be getting ready to move production of CR-V ...

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