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Honda Motor Co., Ltd on Tuesday released new details explaining why it is delaying its planned $15 billion investment in a ...
Honda said its plan to build an EV supply chain in Alliston, Ont. — which was first announced in April 2024 — would be paused ...
Honda has assured Canada that no jobs will be lost and it is committed to major electric vehicle investments in the country, ...
Honda Canada will postpone a $15-billion electric vehicle investment project in Canada's most populous province, including a ...
That could end up encouraging some companies that manufacture in multiple countries to use plants outside the U.S. for export purposes, as Honda is now doing by shifting some export responsibilities ...
Honda is also postponing its $11 billion investment in Ontario EV factories due to slowing demand in North America.
The Honda Motor Company announced Tuesday it will cut back on its previous investment plan for electric vehicle technology in ...
Honda Canada is postponing a $15-billion electric vehicle investment project in Ontario, including a proposed EV battery ...
Plans to build electric vehicles (EV) and strengthen the supply chain at the Honda of Canada Manufacturing plant in Alliston ...
Honda is cutting its global EV investment by 30% and delaying its Canadian EV project, shifting focus to hybrid vehicles ...
Honda Canada confirmed in a statement on Tuesday that it was pausing its Ontario plans by two years — stopping work on the battery plant, retooling its vehicle assembly facility and two battery ...
Honda's forecast is the latest signal of the difficulty car makers are having navigating tariffs alongside the rise of ...