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

Among the major government-backed EV-making investments announced in the past few years, Honda’s stands to be both the ...

Honda Motor (NYSE:HMC) announced on Tuesday a two-year postponement of its ambitious $15 billion electric vehicle investment ...

Honda has postponed a $15-billion electric vehicle project in Ontario, citing market demand, and is shifting some production ...

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

Postponing the Canadian EV project is part of the automaker's effort to contain the damage from hefty U.S. tariffs on foreign-made vehicles. Honda said it expects its net profit to drop 70% to 250 ...

Ontario Premier Doug Ford says he will make sure auto companies, including Honda, follow through on their commitments to ...

Honda Canada has delayed a $15 billion electric vehicle investment in Ontario due to a slowdown in the EV market. This ...

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

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

Postponing the Canadian EV project is part of the automaker's effort to contain the damage from hefty U.S. tariffs on foreign-made vehicles. Honda said it expects its net profit to drop 70% to 250 ...