Honda announced a two-year delay in its planned 15 billion ... In April 2024, Honda unveiled an investment plan for Alliston, Ontario, including an EV assembly plant with a capacity of 240,000 ...

In its 2025 Business Briefing, an annual report outlining its strategy, chief executive Toshihiro Mibe said that Honda was reducing its planned global investment in EVs ... last week that the two-year ...

Honda Canada is postponing a $15-billion electric vehicle investment project in Ontario, including a proposed EV battery plant and retooled vehicle assembly facility.

"He also confirmed that Honda is still fully committed to major EV investments right here in Canada ... to its Ohio plant because of tariffs. The halted investment marks by far the biggest project ...

Honda delays its $15 billion investment in Canada due to slowing EV demand. The postponement affects plans for a 240,000-vehicle EV plant and battery facility. EV sales continue to rise in Canada ...

That’s because of both the nature of Honda’s plans, and the nature of the company itself. Among the major government-backed EV-making investments announced in the past few years, Honda’s ...

Honda Motor's FY2025 earnings revealed resilient motorcycle and hybrid sales, but auto segment weakness and 12% profit drop spooked investors. Learn more on HMC stock here.

Honda has stalled a $15-billion electric vehicle investment in Ontario by two years, plunging the province’s already shaky automotive industry into greater tariff anxiety. Touted as a major ...

Honda Motor Co., Ltd on Tuesday released new details explaining why it is delaying its planned $15 billion investment in a battery and ... The company said last week that the two-year delay to its ...

It marks the biggest project delay yet in Canada blamed on the weakened outlook for EV sales, which has been made all the more uncertain because of actions by the Trump administration. Honda said it ...