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Honda Canada spokesman Ken Chiu said Tuesday due to the recent slowdown in the EV market, Honda has announced an approximate ...
Honda Canada is postponing a $15-billion electric vehicle investment project in Ontario, including a proposed EV battery ...
Ontario Premier Ford is vowing to hold auto companies that pull out from Ontario "accountable" after news that ...
Honda said its plan to build an EV supply chain in Alliston, Ont. — which was first announced in April 2024 — would be paused ...
The development won’t affect jobs at Honda’s Alliston, Ont., plant, but it comes at a turbulent for the province’s automotive ...
Honda announced the postponement on Tuesday after forecasting a 59 per cent profit decline in the current fiscal year.
Slower market demand, tariffs and evolving production strategies cited as some of the reasons why Honda is pausing its ...
The Canadian Press on MSN2d
Ontario mayor remains hopeful Honda's EV plant will be built, despite delayThe mayor of an Ontario municipality set to be the home for Honda's now-postponed $15-billion electric-vehicle project said ...
Japanese auto giant Honda has pumped the brakes on its $15 billion plan to build an electric vehicle supply chain in Canada, ...
Slowing demand for EVs and US tariffs impact on Canada’s auto sector force the Japanese automaker to postpone plans for an EV ...
The Canadian Press on MSN2d
Honda postpones $15-billion EV investment project in Ontario citing market demandTORONTO — Honda has postponed a $15-billion electric vehicle project in Ontario citing market demand. It marks the biggest ...
Honda said on Tuesday it would postpone by at least two years its large-scale investments to establish an electric vehicle ...
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