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Trump policies stall Honda EV investment, further threatening Canadian auto jobs
CNW/ - Honda's decision to stall a $15 billion electric vehicle supply chain in Ontario is the latest blow to Canadian autoworkers, as U.S. President Donald Trump's escalating attacks on the EV sector and cross-border auto trade continue to put Canadian jobs at risk.
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 ...
Japanese automaker Honda Motor Co. (HMC) is postponing a $15-billion electric vehicle (EV) project in Ontario as it shifts ...
Honda Canada is postponing its $15 billion electric vehicle project in Ontario for approximately two years, pointing to weak ...
The development won’t affect jobs at Honda’s Alliston, Ont., plant, but it comes at a turbulent for the province’s automotive ...
Honda Motor (NYSE:HMC) announced on Tuesday a two-year postponement of its ambitious $15 billion electric vehicle investment ...
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 said it is delaying its scale-up in the community of Alliston, which includes a battery plant and retooled vehicle ...
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 ...
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