ev honda - Search News

News

Honda, EV and Canadian Investment

Carscoops on MSN · 5h

Honda Blames EV Slowdown For Putting $15B Canadian Investment On Ice

Honda’s CA$15 billion commitment was touted by former Prime Minister Justin Trudeau as the “largest auto investment in Canada’s history.” It was to include a battery plant with an annual capacity of 36 GWh while an EV assembly plant would have been able to build as many as 240,000 vehicles per year from 2028.

InsideEVs · 1h

Honda Pauses Canadian EV Expansion Due To Tariffs

Honda is postponing its $10.7 billion expansion in Ontario to make EVs and EV components for two years. The brand cites reduced profits from U.S. tariffs and softer-than-expected demand for EVs in the U.S. and Canada.

Associated Press News on MSN · 1d

Honda Canada postpones multibillion EV investment project in Ontario

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.

1don MSN

Honda to postpone plans for EV plant in Canada for at least 2 years

Honda said its plan to build an EV supply chain in Alliston, Ont. — which was first announced in April 2024 — would be paused ...

Another Japanese automaker is now ‘re-evaluating’ EV plans

Subaru is the latest Japanese automaker to announce it will “re-evaluate” its EV plans. The company is rethinking its ...

3h

Honda pumps brakes on $15 billion Ontario EV hub as premier vows to hold automakers ‘accountable’

Japanese auto giant Honda has pumped the brakes on its $15 billion plan to build an electric vehicle supply chain in Canada, ...

1don MSN

Ford vows to hold Honda 'accountable' after it postpones $15B Ontario EV project

Ontario Premier Ford is vowing to hold auto companies that pull out from Ontario "accountable" after news that ...

23hon MSN

Honda Says U.S. Tariffs Will Erase $4 Billion From Profits

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

6h

Honda puts two-year pause on $15-billion EV plant in Ontario

Honda Canada has announced a two-year pause on its Ontario investments that included retooling an assembly facility and ...

22h

Honda’s plans to delay electric vehicle factories ‘a blow to the community’

Honda announced the postponement on Tuesday after forecasting a 59 per cent profit decline in the current fiscal year.

Results that may be inaccessible to you are currently showing.

Hide inaccessible results