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

Honda Motor has delayed its planned $15bn electric vehicle (EV) battery and assembly facility in Ontario by approximately two ...

Honda said it is delaying its scale-up in the community of Alliston, which includes a battery plant and retooled vehicle ...

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

Japan's Honda Motor forecast a 59% profit decrease in the current financial year and said it would put on hold a plan to ...

Honda announced the postponement on Tuesday after forecasting a 59 per cent profit decline in the current fiscal year.

Brian Kingston of the Canadian Vehicle Manufacturers’ Association speaks about the EV market and what’s behind the decline of ...

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

All three of Japan’s largest carmakers are struggling with tough market conditions in the world’s two largest economies. In ...

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

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

Honda said on Tuesday it would postpone by at least two years its large-scale investments to establish an electric vehicle ...