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By Paul Vieira and Robb M. Stewart OTTAWA--Honda Motor said it is postponing by about two years an $11 billion electric-vehicle manufacturing project in Canada, citing weaker-than-expected EV sales.
Honda announced a two-year delay in its planned 15 billion CAD (approximately 11.25 billion USD) electric vehicle (EV) and battery production facility in Ontario, Canada. The company cited slowing ...
Although Honda is in the process of developing its own electric vehicle (EV)-dedicated architecture to part ways with General Motors, all while injecting massive investments in Canada to create a ...
OTTAWA--Honda Motor said it is postponing by about two years an $11 billion electric-vehicle manufacturing project in Canada, citing weaker-than-expected EV sales.
Honda Canada will postpone a $15-billion electric vehicle investment project in Canada’s most populous province, including a proposed EV battery plant and retooled vehicle assembly facility.
Rather than defending a strategy that no longer includes us, Canada should prioritize policies that deliver benefits ...
OTTAWA--Canadian Finance Minister François-Philippe Champagne remains confident in the government's growth strategy of luring electric-vehicle production through tens of billions in incentives ...
Honda Motor Co. Ltd. has tabled its $11-billion plan to start electric vehicle manufacturing in Alliston, Ont. The decision coincided with the automaker reducing its 2026 revenue forecast, and ...
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.