Honda, Canada and EV
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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.
The Canadian Press on MSN2d
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.
Honda Canada is postponing a $15-billion electric vehicle investment project in Ontario, including a proposed EV battery plant and retooled vehicle assembly facility.
Premier Doug Ford says he will hold auto-manufacturers "accountable" and ensure they continue making vehicles in Ontario after Honda postponed a major EV project in the province.
TORONTO — Honda has postponed a $15-billion electric vehicle project in Ontario citing market demand. It marks the biggest project delay yet in Canada blamed on the weakened outlook for EV sales ...
OTTAWA--Canadian Finance Minister François-Philippe Champagne remains confident in the government's growth strategy of luring electric-vehicle production through tens of billions in incentives despite a setback delivered this week by Honda Motor.