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Honda Canada is postponing a $15-billion electric vehicle investment project in Ontario, including a proposed EV battery ...
Honda Motor has delayed its planned $15bn electric vehicle (EV) battery and assembly facility in Ontario by approximately two ...
Honda is also postponing its $11 billion investment in Ontario EV factories due to slowing demand in North America.
Research from Canada's parliamentary budget watchdog indicates that manufacturers, between 2020 and 2024, unveiled plans to invest roughly $33 billion in EV and related supply-chain production. The ...
Japan's Honda Motor Co. said it would postpone a plan to build an electric vehicle (EV) supply chain in Canada, local ...
Honda announced the postponement on Tuesday after forecasting a 59 per cent profit decline in the current fiscal year.