Honda EV Investment Delay - Search News

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Honda to postpone plans for EV plant in Canada

Seeking Alpha on MSN · 18h

Honda delays a large electric vehicle investment in Canada

Honda Motor ( NYSE: HMC) announced on Tuesday a two-year postponement of its ambitious $15 billion electric vehicle investment project in Ontario. The Japanese automaker pointed to a slowdown in global EV demand and mounting economic uncertainty linked to new U.S. tariffs on imported vehicles.

The Globe and Mail · 14h

Honda’s EV delay shows how Canada’s new Industry Minister has her work cut out for her

Among the major government-backed EV-making investments announced in the past few years, Honda’s stands to be both the biggest and the best value from a Canadian perspective

CBC.ca on MSN · 15h

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.

The Waterloo Region Record13h

Honda delays $15-billion EV project citing demand, shifts some CR-V output to U.S.

TORONTO - Honda Canada is postponing a $15-billion electric vehicle investment project in Ontario, including a proposed EV ...

11h

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.

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