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Japanese automakers are grappling with a seismic financial challenge as U.S. President Donald Trump’s 25% tariffs on imported ...
Honda is postponing its $10.7 billion expansion in Ontario to make EVs and EV components for two years. The brand cites reduced profits from U.S. tariffs and softer-than-expected demand for EVs in the ...
Subaru is the latest Japanese automaker to announce it will “re-evaluate” its EV plans. The company is rethinking its ...
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 ...
It’s tough being a legacy Japanese carmaker these days, what with a plethora of new models springing forth in every possible ...
Japanese auto giant Honda has pumped the brakes on its $15 billion plan to build an electric vehicle supply chain in Canada, ...
Honda’s CA$15 billion commitment was touted by former Prime Minister Justin Trudeau as the “largest auto investment in Canada ...
Honda said it is delaying its scale-up in the community of Alliston, which includes a battery plant and retooled vehicle ...
Honda Canada has announced a two-year pause on its Ontario investments that included retooling an assembly facility and ...
Electric vehicles set to surpass 25% of global sales by 2025 as affordability improves and China leads the market, IEA report ...
The Detroit automaker is trying to lower its battery costs to enable cost parity with its gas-powered products by adding new ...
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