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News

Honda, EV and Canadian Investment

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Joly says Honda still committed to EV investments after $15-billion project delayed
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 EV project in Ontario.

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The Canadian Press on MSN · 2h
 · 11h · on MSN
Honda Blames EV Slowdown For Icing $15 Billion Canadian Investment
 · 1d · on MSN
Honda delays a large electric vehicle investment in Canada
1d
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.
4h
Canada Confident About EV Strategy Amid Honda Setback -- 2nd Update
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 ...

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