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News

Honda to postpone plans for EV plant in Canada

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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.

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 · 1d · on MSN
The Car Guide · 1d
Honda to Postpone EV Investments in Ontario by Two Years, Move Some CR-Vs
Winnipeg Free Press · 23h
Honda delays $15-billion EV project citing demand, shifts some CR-V output to U.S.
5hon MSN
Honda Shifts CR-V Production from Canada to the U.S. Due to Tariffs
Honda is also postponing its $11 billion investment in Ontario EV factories due to slowing demand in North America.
Wealth Professional
7h
Honda delays $15 billion EV build as demand stalls and tariffs bite
Honda Motor has delayed its planned $15bn electric vehicle (EV) battery and assembly facility in Ontario by approximately two ...
1d
Honda to postpone Canada EV plant plan
Japan's Honda Motor Co. said it would postpone a plan to build an electric vehicle (EV) supply chain in Canada, local ...
20h
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.

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