Honda EV Investment Delay

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Honda to postpone plans for EV plant in Canada

Honda Blames EV Slowdown For Icing $15 Billion Canadian Investment

Honda delays its $15 billion investment in Canada due to slowing EV demand. The postponement affects plans for a 240,000-vehicle EV plant and battery facility. EV sales continue to rise in Canada and the US,

The Canadian Press on MSN · 23h

Honda postpones $15-billion EV investment project in Ontario citing market demand

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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.

20h

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.

1don 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 ...

Honda’s EV delay shows how Canada’s new Industry Minister has her work cut out for her

Among the major government-backed EV-making investments announced in the past few years, Honda’s stands to be both the ...

Wealth Professional7h

Honda delays $15 billion EV build as demand stalls and tariffs bite

Honda Motor has delayed its planned $15bn electric vehicle (EV) battery and assembly facility in Ontario by approximately two ...

45m

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 ...

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