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News

Honda to postpone plans for EV plant in Canada

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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.

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 · 1d · on MSN
 · 1h
Canada Confident About EV Strategy Amid Honda Setback -- Update
 · 9h
Honda Delays $15 Billion Electric Vehicle Project In Canada
23h
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 ...
the deep dive
7h
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 ...

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