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Joly says Honda still committed to EV investments

Honda Earnings: Hybrids Deliver, But Tariffs And EV Delays Weigh Heavily

Honda Motor Co., Ltd.'s FY2025 earnings show strong motorcycle sales, but auto struggles, a 12% profit dip, and FY2026 conservative guidance. Click for more on HMC.

Windsor Star · 35m

Joly says Honda still committed to EV investments after $15-billion project delayed

Honda announced on Tuesday that it has postponed a $15-billion electric-vehicle project, citing market demand, and is shifting some production of its popular CR-V model intended for the U.S. market to its Ohio plant because of tariffs. The halted investment marks by far the biggest project delay yet in Canada as the outlook for EV growth softens.

The Car Guide · 2d

Honda to Postpone EV Investments in Ontario by Two Years, Move Some CR-Vs

Honda said on Tuesday it would postpone by at least two years its large-scale investments to establish an electric vehicle supply chain in Canada. Originally announced in April of last year , the project is valued at $15 billion,

Electric Autonomy Canada3h

Honda hits pause on $15-billion EV value chain build out in Ontario

Slower market demand, tariffs and evolving production strategies cited as some of the reasons why Honda is pausing its ...

1don MSN

Ford vows to hold Honda 'accountable' after it postpones $15B Ontario EV project

Ontario Premier Ford is vowing to hold auto companies that pull out from Ontario "accountable" after news that ...

Honda faces 59% profit drop, pauses EV supply chain expansion in Canada

Honda's forecast is the latest signal of the difficulty car makers are having navigating tariffs alongside the rise of ...

1hon MSN

Xpeng’s Latest EV Feels Like A Lamborghini Sports Sedan

Chinese carmakers are stepping up their design game, even if they can’t completely escape some derivative influences ...

2don MSN

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 ...

18hon MSN

Honda assures Canada no jobs will be lost after EV plan postponement, minister says

Honda has assured Canada that no jobs will be lost and it is committed to major electric vehicle investments in the country, ...

20h

Canada Confident About EV Strategy Amid Honda Setback -- 2nd 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 ...

Paul Tan's Automotive News15h

Honda e:N1 launched in Malaysia – 204 PS/310 Nm EV HR-V with 412 km WLTP range; one variant, RM149,900

Honda Malaysia has launched its first all-electric vehicle in the country, with the e:N1 making its official debut earlier ...

Honda delays Ontario EV project plans, citing weak demand

The development won’t affect jobs at Honda’s Alliston, Ont., plant, but it comes at a turbulent for the province’s automotive ...

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.

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