Honda Postpones $11 Billion Canada EV Project on Weak Sales
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Japanese auto giant Honda has pumped the brakes on its $15 billion plan to build an electric vehicle supply chain in Canada, blaming "changing market conditions” for a decision that
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.
Honda Canada has announced a two-year pause on its Ontario investments that included retooling an assembly facility and building an EV plant.