OTTAWA - Industry Minister Mélanie Joly says Honda Canada remains "fully committed" to major electric-vehicle investments in ...

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

Honda Canada is postponing a $15-billion electric vehicle investment project in Ontario, including a proposed EV battery ...

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

Honda Canada has announced a two-year pause on its Ontario investments that included retooling an assembly facility and ...

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 ...

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

Japanese auto giant Honda has pumped the brakes on its $15 billion plan to build an electric vehicle supply chain in Canada, ...

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 ...

Honda is postponing its $10.7 billion expansion in Ontario to make EVs and EV components for two years. The brand cites reduced profits from U.S. tariffs and softer-than-expected demand for EVs in the ...

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