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Honda to postpone plans for EV plant in Canada

CBC.ca on MSN · 1d

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.

Baystreet.ca · 9h

Honda Delays $15 Billion Electric Vehicle Project In Canada

Japanese automaker Honda Motor Co. (HMC) is postponing a $15-billion electric vehicle (EV) project in Ontario as it shifts more production to the U.S. due to American import tariffs. In announcing the Canadian manufacturing pause,

MarketWatch · 1h

Canada Confident About EV Strategy Amid Honda Setback -- Update

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 Canadian government pledged $22 billion in financing and tax breaks to lure those companies.

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 dive7h

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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