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Honda Motor has delayed its planned $15bn electric vehicle (EV) battery and assembly facility in Ontario by approximately two ...
Honda announced the postponement on Tuesday after forecasting a 59 per cent profit decline in the current fiscal year.
Among the major government-backed EV-making investments announced in the past few years, Honda’s stands to be both the ...
Honda said its plan to build an EV supply chain in Alliston, Ont. — which was first announced in April 2024 — would be paused ...
Honda said it is delaying its scale-up in the community of Alliston, which includes a battery plant and retooled vehicle ...
Honda Canada has delayed a $15 billion electric vehicle investment in Ontario due to a slowdown in the EV market. This ...
The development won’t affect jobs at Honda’s Alliston, Ont., plant, but it comes at a turbulent for the province’s automotive ...
Ontario Premier Doug Ford says he will make sure auto companies, including Honda, follow through on their commitments to ...
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