Honda said its plan to build an EV supply chain in Alliston, Ont. — which was first announced in April 2024 — would be paused for about two years, due to uncertainty caused by tariffs.

Among the major government-backed EV-making investments announced in the past few years, Honda’s stands to be both the biggest and the best value from a Canadian perspective

Japanese automaker Honda Motor Co. (HMC) is postponing a $15-billion electric vehicle (EV) project in Ontario as it shifts more production to the U.S. due to American import tariffs. In announcing the Canadian manufacturing pause,

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 billion yen ($1.68 billion) for the year ending March 2026.

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

Ontario Premier Doug Ford says he will make sure auto companies, including Honda, follow through on their commitments to build cars in the province. His comments came after Honda announced it was putting its $15 billion electric vehicle (EV) supply chain project in Alliston,

Honda said it is delaying its scale-up in the community of Alliston, which includes a battery plant and retooled vehicle assembly line, for about two years as it monitors market conditions.

Honda Canada has delayed a $15 billion electric vehicle investment in Ontario due to a slowdown in the EV market. This project includes a retooled assembly plant and EV battery facility. The delay will not affect current employment at Honda's existing manufacturing plant in Alliston,