Honda has assured Canada that no jobs will be lost and it is committed to major electric vehicle investments in the country, Industry Minister Melanie Joly said on Wednesday, in the wake of the ...

Honda announced a two-year delay in its planned 15 billion CAD (approximately 11.25 billion USD) electric vehicle (EV) and ...

Honda Canada spokesman Ken Chiu said Tuesday due to the recent slowdown in the EV market, Honda has announced an approximate ...

A year after the $15-billion electric vehicle project in Ontario was announced, Honda Canada is pushing the project back. The company said Tuesday it would put the plan to build an EV supply ...

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’s CA$15 billion commitment was previously hailed by former Prime Minister Justin Trudeau as the “largest auto ...

Honda is postponing its $10.7 billion expansion in Ontario to make EVs and EV components for two years. The brand cites ...

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 ...

Honda's forecast is the latest signal of the difficulty car makers are having navigating tariffs alongside the rise of Chinese EV producers.

Honda Motor Co., Ltd on Tuesday released new details explaining why it is delaying its planned $15 billion investment in a battery and electric vehicle complex in Ontario by around two years.

The automaker cites a market slowdown as it cuts its planned investment, but a couple of futuristic EVs are still in the ...

A few years ago, the auto industry was on a frenetic tear to introduce electric vehicles, convinced the transition was imminent. Many of the Japanese automakers, Honda included, were slow to make ...