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

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

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

Jim Hinton, intellectual property lawyer and founder of Own Innovation, says Honda postponing its plan for an EV plant in ...

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

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

Slowing demand for EVs and US tariffs impact on Canada’s auto sector force the Japanese automaker to postpone plans for an EV ...

Honda Canada is postponing its $15 billion investment for electric vehicle (EV) at its Alliston, Ont. plant for two years.

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

New Tecumseth Mayor Richard Norcross says he is disappointed with Honda's decision but he will continue to advocate for the project, which was expected to create about 1,000 jobs.

“Due to the recent slowdown of the EV market, Honda Motor has announced an approximate two-year postponement of the ...