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 Canada is postponing its $15 billion electric vehicle project in Ontario for approximately two years, pointing to weak ...

Japanese automaker Honda Motor Co. (HMC) is postponing a $15-billion electric vehicle (EV) project in Ontario as it shifts ...

Honda Motor has delayed its planned $15bn electric vehicle (EV) battery and assembly facility in Ontario by approximately two ...

Honda said it is delaying its scale-up in the community of Alliston, which includes a battery plant and retooled vehicle ...

Honda Motor Co. said Tuesday that its group net profit in the current fiscal year through next March is forecast to plunge 70 ...

An $11-billion plan to manufacture 240,000 EVs/year, plus batteries, in Ontario is on a two-year hold as the Japanese ...

Slowing demand for EVs and US tariffs impact on Canada’s auto sector force the Japanese automaker to postpone plans for an EV ...

Honda's forecast is the latest signal of the difficulty car makers are having navigating tariffs alongside the rise of Chinese EV producers.

The company said today that the downshift came at a time when “several offshore wind projects are being either postponed or cancelled due to political interventions and unfavorable terms for business ...

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