Honda EV Project Postponed

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Joly says Honda still committed to EV investments

An $11-billion plan to manufacture 240,000 EVs/year, plus batteries, in Ontario is on a two-year hold as the Japanese automaker considers the effects U.S. tariffs on its

American Machinist · 1d

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

· 1d · on MSN

Honda Canada postpones multibillion EV investment project in Ontario

Japan's Honda projects plummeting profits due to Trump's tariffs

Honda’s profit for the fiscal year through March slipped 24.5% from the previous year, as its vehicle sales in China dropped, and the Japanese automaker warned Tuesday that President Donald Trump’s ta...

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Honda, Nissan Expect to Be Hit Hard by U.S. Tariffs

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Honda Postpones $11 Billion Canada EV Project for Two Years on Weak Sales -- Update

1don MSN

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.

The Canadian Press on MSN1d

Honda delays $15-billion EV project citing demand, shifts some CR-V output to U.S.

Honda has postponed a $15-billion electric vehicle project in Ontario, citing market demand, and is shifting some production of its popular CR-V model intended for the U.S. market to its Ohio plant because of tariffs.

17hon MSN

Honda postpones $15B of electric vehicle investments in Ontario

Honda Canada is postponing a $15-billion electric vehicle investment project in Ontario, including a proposed EV battery plant and retooled vehicle assembly facility.

1don 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 announced it is putting a major electric vehicle supply chain planned for the province on hold.