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News

Honda to postpone plans for EV plant in Canada

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Honda delays $15-billion EV project citing demand, shifts some CR-V output to U.S.
TORONTO - Honda Canada is postponing a $15-billion electric vehicle investment project in Ontario, including a proposed EV battery plant and retooled vehicle assembly facility.

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The Waterloo Region Record · 13h
 · 14h
Honda’s EV delay shows how Canada’s new Industry Minister has her work cut out for her
 · 14h · on MSN
Honda to postpone plans for EV plant in Canada for at least 2 years
18hon MSN
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 ...
10h
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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