News

Honda’s plans to delay electric vehicle factories ‘a blow to the community’
Honda announced the postponement on Tuesday after forecasting a 59 per cent profit decline in the current fiscal year.
The Canadian Press on MSN1d
Honda delays $15-billion EV project citing demand, shifts some CR-V output to U.S.
Honda has postponed a $15-billion electric vehicle project in Ontario, citing market demand, and is shifting some production ...
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 ...
Electric Autonomy Canada2h
Honda hits pause on $15-billion EV value chain build out in Ontario
Slower market demand, tariffs and evolving production strategies cited as some of the reasons why Honda is pausing its ...
Honda Postpones $11 Billion Canada EV Project for Two Years on Weak Sales -- Update
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 ...
the deep dive1d
Honda Delays $15B Ontario EV Project, Cites Weak Demand
Honda Canada is postponing its $15 billion electric vehicle project in Ontario for approximately two years, pointing to weak ...
Honda Delays $15B Ontario EV Project; Ford Vows Accountability
Ontario Premier Doug Ford says he will make sure auto companies, including Honda, follow through on their commitments to ...
The Canadian Press on MSN1d
Hope remains that Honda’s Ontario EV plant will be built, despite delay
Honda said it is delaying its scale-up in the community of Alliston, which includes a battery plant and retooled vehicle ...
Honda Postpones $11 Billion Canada EV Project on Weak Sales -- 2nd Update
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 ...