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Honda, EV and Canada

Honda hits pause on $15-billion EV value chain build out in Ontario

Slower market demand, tariffs and evolving production strategies cited as some of the reasons why Honda is pausing its Canadian EV plans

Electric Autonomy Canada · 25m

· 2d · on MSN

Honda Canada postpones multibillion EV investment project in Ontario

· 16h

Canada Confident About EV Strategy Amid Honda Setback -- 2nd Update

Tariffs Drive Honda to Move S.U.V. Production From Canada to U.S.

Honda said on Monday that it would shift production of one of its popular vehicles from Ontario to a U.S. factory and postpone an $11 billion plan to make electric vehicles and batteries in Canada.

· 1d

Tariff Misery in Japan: Honda and Nissan Forecast Plunges in Profit

· 1d

Honda Postpones $11 Billion Canada EV Project on Weak Sales -- 2nd Update

1don MSN

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.

2don 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 investment project in Ontario. The Japanese automaker pointed to a slowdown in global EV demand and mounting economic uncertainty linked to new U.

The Canadian Press on MSN5h

Joly says Honda still committed to EV investments after $15-billion project delayed

Industry Minister Mélanie Joly says Honda Canada remains “fully committed” to major electric-vehicle investments in Canada after the company announced Tuesday that it was pausing a multibillion-dollar EV project in Ontario.

1don MSN

Ford vows to hold Honda 'accountable' after it postpones $15B Ontario EV project

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 Earnings: Hybrids Deliver, But Tariffs And EV Delays Weigh Heavily

Honda Motor Co., Ltd.'s FY2025 earnings show strong motorcycle sales, but auto struggles, a 12% profit dip, and FY2026 conservative guidance. Click for more on HMC.