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

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

Just such a development has come from Honda before it launched into a $15 billion CAD EV manufacturing campus. Now it seems ...

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

Honda is also postponing its $11 billion investment in Ontario EV factories due to slowing demand in North America.

An $11-billion plan to manufacture 240,000 EVs/year, plus batteries, in Ontario is on a two-year hold as the Japanese ...

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

Honda's forecast is the latest signal of the difficulty car makers are having navigating tariffs alongside the rise of Chinese EV producers.

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

During the announcement of its 2024-2025 fiscal year financial results on May 13, Honda CEO Toshihiro Mibe stated that 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 ...