Electric vehicles set to surpass 25% of global sales by 2025 as affordability improves and China leads the market, IEA report ...

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

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

Honda Motor Co. said Tuesday that its group net profit in the current fiscal year through next March is forecast to plunge 70 ...

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 ...

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

Honda's announcement on Tuesday that its huge investment is being put on hold isn't the only example of a project that has failed to live up to its billing. GM and Northvolt have both called a halt to ...

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

The mayor of an Ontario municipality set to be the home for Honda's now-postponed $15-billion electric vehicle project says ...