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

TOKYO, May 20 (Xinhua) -- Japanese automaker Honda Motor Co. on Tuesday announced a revision to its electric vehicle (EV) strategy, cutting its planned investment through fiscal 2030 from 10 trillion ...

"Due to the recent slowdown of the EV market, Honda Motor has announced an approximate two-year postponement of the comprehensive value chain investment project in Canada," Honda Canada told CBC News.

The Japanese car manufacturer Honda has decided to temporarily postpone a planned investment venture in Canada, worth 15 ...

The announcement comes after the automaker this month postponed its planned $11 billion investment to ... to more widespread EV adoption over the long-term. Honda originally planned for EVs ...

Honda will invest $48 billion through the fiscal year ending in 2031 on an electrification strategy instead of a planned $69 ...

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

Honda is reducing that investment by 3 trillion yen ($21 billion) to 7 trillion yen ($48 billion). Honda Motor Co. Chief Executive Toshihiro Mibe called the decisions “a switch in the planned ...

Honda Motor is shifting focus from electric vehicles to hybrids, cutting EV investments by 30% due to slowing global demands.

Honda Motor's FY2025 earnings revealed resilient motorcycle and hybrid sales, but auto segment weakness and 12% profit drop ...

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