Honda EV Project Postponed - Search News

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Honda Postpones $11 Billion Canada EV Project on Weak Sales

CBC.ca on MSN · 1d

Honda to postpone plans for EV plant in Canada for at least 2 years

Honda said its plan to build an EV supply chain in Alliston, Ont. — which was first announced in April 2024 — would be paused for about two years, due to uncertainty caused by tariffs.

American Machinist · 14h

Honda Postpones EV Project in Canada

An $11-billion plan to manufacture 240,000 EVs/year, plus batteries, in Ontario is on a two-year hold as the Japanese automaker considers the effects U.S. tariffs on its

MarketWatch · 25m

Canada Confident About EV Strategy Amid Honda Setback

Research from Canada's parliamentary budget watchdog indicates that manufacturers, between 2020 and 2024, unveiled plans to invest roughly $33 billion in EV and related supply-chain production. The Canadian government pledged $22 billion in financing and tax breaks to lure those companies.

The Canadian Press on MSN22h

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 ...

1don MSN

Honda 'promised' to continue EV expansion in Ontario, Ford says

Premier Doug Ford says he will hold auto-manufacturers "accountable" and ensure they continue making vehicles in Ontario ...

5h

Honda Delays $15 Billion Electric Vehicle Project In Canada

Japanese automaker Honda Motor Co. (HMC) is postponing a $15-billion electric vehicle (EV) project in Ontario as it shifts ...

11h

Hope remains that Honda’s Ontario EV plant will be built, despite delay

Honda said it is delaying its scale-up in the community of Alliston, which includes a battery plant and retooled vehicle ...

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