An $11-billion plan to manufacture 240,000 EVs/year, plus batteries, in Ontario is on a two-year hold as the Japanese ...

One week after announcing it would postpone by at least two years its large-scale investments to establish an electric vehicle supply chain in Ontario, Honda now says it plans to cut R&D investment in ...

Japan's Honda Motor Co. said it would postpone a plan to build an electric vehicle (EV) supply chain in Canada, local ...

Honda Motor Co. Chief Executive Toshihiro Mibe stressed the long-term shift toward electrification remained unchanged, just pushed back in time.

Honda is also postponing its $11 billion investment in Ontario EV factories due to slowing demand in North America.

which were a main driver of EV sales, as well as trade policies of various countries, including the U.S. and Europe, for its decision to focus more on hybrids. To support the plans, Honda aims ...

Japanese auto giant Honda Motor has announced that it is slashing its investments into electric vehicles by 30%, just a week ...