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An $11-billion plan to manufacture 240,000 EVs/year, plus batteries, in Ontario is on a two-year hold as the Japanese ...
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 ...
Japanese auto giant Honda has pumped the brakes on its $15 billion plan to build an electric vehicle supply chain in Canada, ...
The mayor of an Ontario municipality set to be the home for Honda’s now-postponed $15-billion electric-vehicle project said Tuesday he is not giving up hope on the plant. New Tecumseth Mayor Richard ...
TORONTO--Honda Canada will postpone a $15-billion Canadian (US$10.7 billion) electric vehicle investment project in Canada's most populous province, including a proposed EV battery plant and retooled ...
Slowing demand for EVs and US tariffs impact on Canada’s auto sector force the Japanese automaker to postpone plans for an EV ...
Honda is also postponing its $11 billion investment in Ontario EV factories due to slowing demand in North America.
TORONTO - Honda has postponed a $15-billion electric vehicle project in Ontario, citing market demand, and is shifting some ...
Honda Motor has delayed its planned $15bn electric vehicle (EV) battery and assembly facility in Ontario by approximately two ...
During the announcement of its 2024-2025 fiscal year financial results on May 13, Honda CEO Toshihiro Mibe stated that in the ...
Japanese multinational Asahi Kasei Corporation and Honda Canada formed a joint venture to make battery separators in Niagara.
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Honda projects 70 percent drop in FY 2025 net profit
Honda Motor Co. said Tuesday that its group net profit in the current fiscal year through next March is forecast to plunge 70 ...