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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 ...
As Canada works to protect its economic future, diversify trade and stand strong against rising U.S. protectionism, it’s ...
Honda Confirms Massive $15 Billion EV Investment In Ontario, Canada. Honda's investment in Canada doesn't just include a plant to build electric vehicles, but a complete, vertically integrated ...
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 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.
While the federal and provincial governments can’t ignore the fundamental problems with mandates, they also can’t capitulate ...
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 ...
The project would also include a parallel EV battery plant. In April of this year, the U.S. initiated a 25% tariff on imported passenger vehicles, light trucks, and certain automobile parts, which has ...