Honda is cutting its global EV investment by 30% and delaying its Canadian EV project, shifting focus to hybrid vehicles ...

Honda announced a two-year delay in its planned 15 billion CAD (approximately 11.25 billion USD) electric vehicle (EV) and ...

Honda Motor Co., Ltd on Tuesday released new details explaining why it is delaying its planned $15 billion investment in a battery and electric vehicle complex in Ontario by around two years.

Honda said its plan to build an EV supply chain in Alliston, Ont. — which was first announced in April 2024 — would be paused ...

Honda delays its $15 billion investment in Canada due to slowing EV demand. The postponement affects plans for a ...

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 ...

TORONTO - Honda has postponed a $15-billion electric vehicle project in Ontario, citing market demand, and is shifting some ...

Honda Motor's FY2025 earnings revealed resilient motorcycle and hybrid sales, but auto segment weakness and 12% profit drop ...

The Japanese carmaker announced a two-year delay in investment that included a battery plant and assembly facility at its plant in Alliston, Ontario.

"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 Motor ( NYSE: HMC) announced on Tuesday a two-year postponement of its ambitious $15 billion electric vehicle ...