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Industry Minister Mélanie Joly says Honda Canada remains "fully committed" to major electric-vehicle investments in Canada after the company announced Tuesday that it was pausing a multibillion-dollar ...
Industry Minister Mélanie Joly says Honda Canada remains "fully committed" to major electric-vehicle investments in Canada ...
Honda has assured Canada that no jobs will be lost and it is committed to major electric vehicle investments in the country, ...
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 ...
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 ...
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 ...
Honda’s CA$15 billion commitment was touted by former Prime Minister Justin Trudeau as the “largest auto investment in Canada ...
Honda said it is delaying its scale-up in the community of Alliston, which includes a battery plant and retooled vehicle ...
Honda Canada is postponing its $15 billion electric vehicle project in Ontario for approximately two years, pointing to weak ...
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 ...
Postponing the Canadian EV project is part of the automaker's effort to contain the damage from hefty U.S. tariffs on foreign-made vehicles. Honda said it expects its net profit to drop 70% to 250 ...