The company said there will be no impact on jobs at the plant, which employs 3,800 hourly workers and also makes minivans ...

Electric vehicles (EVs), when widely adopted, can substantially reduce greenhouse gas emissions from transportation. While ...

Honda is cutting its global EV investment by 30% and delaying its Canadian EV project, shifting focus to hybrid vehicles ...

Honda will invest $48 billion through the fiscal year ending in 2031 on an electrification strategy instead of a planned $69 ...

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.

Honda Motor is shifting focus from electric vehicles to hybrids, cutting EV investments by 30% due to slowing global demands.

Honda Motor said on Tuesday that it was scaling back its investment in electric vehicles given slowing demand and would be ...

The Japanese carmaker announced a two-year delay in investment that included a battery plant and assembly facility at its plant in Alliston, Ontario.

Microsoft layoffs, Honda hits the brakes (or is a rolling stop) on EV project, CAE points to growth and Walmart warns of ...

The main reason is that wind and solar are intermittent and fail to produce electricity when needed, or produce lots of ...

The halted investment marks by far the biggest project delay yet in Canada as the outlook for EV growth softens.

Slower market demand, tariffs and evolving production strategies cited as some of the reasons why Honda is pausing its ...