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Japan's Honda Motor forecast a 59% profit decrease in the current financial year and said it would put on hold a plan to ...
Honda Motor ( NYSE: HMC) announced on Tuesday a two-year postponement of its ambitious $15 billion electric vehicle ...
Honda has assured Canada that no jobs will be lost and it is committed to major electric vehicle investments in the country, ...
Honda Canada spokesman Ken Chiu said Tuesday due to the recent slowdown in the EV market, Honda has announced an approximate ...
Honda said its plan to build an EV supply chain in Alliston, Ont. — which was first announced in April 2024 — would be paused ...
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 Canadian Press on MSN1d
Joly says Honda still committed to EV investments after $15-billion project delayedIndustry Minister Mélanie Joly says Honda Canada remains "fully committed" to major electric-vehicle investments in Canada ...
Research from Canada's parliamentary budget watchdog indicates that manufacturers, between 2020 and 2024, unveiled plans to invest roughly $33 billion in EV and related supply-chain production. The ...
The Canadian Press on MSN2d
Honda Canada postpones $15-billion EV investment project in OntarioHonda Canada is postponing a $15-billion electric vehicle investment project in Ontario, including a proposed EV battery ...
Honda’s CA$15 billion commitment was touted by former Prime Minister Justin Trudeau as the “largest auto investment in Canada ...
Plans to build electric vehicles (EV) and strengthen the supply chain at the Honda of Canada Manufacturing plant in Alliston ...
Honda announced that it is pausing about $15 billion in planned EV investments to build electric vehicle and battery ...
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