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Honda, Canada and electric vehicle investment

CBC.ca on MSN · 1d

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 for about two years, due to uncertainty caused by tariffs.

Seeking Alpha on MSN · 1d

Honda delays a large electric vehicle investment in Canada

Honda Motor (NYSE:HMC) announced on Tuesday a two-year postponement of its ambitious $15 billion electric vehicle investment project in Ontario. The Japanese automaker pointed to a slowdown in global EV demand and mounting economic uncertainty linked to new U.

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.

2don 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 Honda ...

17h

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 ...

21h

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, ...

Canada's National Observer1d

Honda pumps brakes on $15 billion EV hub, Ontario premier vows to hold auto firms 'accountable'

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

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