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Industry Minister Mélanie Joly says Honda Canada remains "fully committed" to major electric-vehicle investments in Canada ...
Honda has postponed a $15-billion electric vehicle project in Ontario, citing market demand, and is shifting some production ...
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 ...
Honda’s CA$15 billion commitment was touted by former Prime Minister Justin Trudeau as the “largest auto investment in Canada ...
Honda Canada has delayed a $15 billion electric vehicle investment in Ontario due to a slowdown in the EV market. This ...
Honda Canada is postponing its $15 billion electric vehicle project in Ontario for approximately two years, pointing to weak ...
“In response to recent changes in industry market conditions, we have decided to revise our plans for the Canton EV family projects ... brand was planning to delay the sedans to 2027 and ...
Nissan is ramping up production at underutilized U.S. plants, while Honda ... may delay capital investments or hiring while they wait to see how long the tariffs remain in place. The tariff landscape, ...
Honda Canada spokesman Ken Chiu said Tuesday due to the recent slowdown in the EV market, Honda has announced an approximate ...
An $11-billion plan to manufacture 240,000 EVs/year, plus batteries, in Ontario is on a two-year hold as the Japanese ...
Registrations of fresh models, including the Chevrolet Equinox EV and Honda Prologue, grew as incentives pushed down EV prices for a more level playing field against gasoline counterparts.