Honda announced a two-year delay in its planned 15 billion CAD (approximately 11.25 billion USD) electric vehicle (EV) and ...

In another blow to Canada, Honda is postponing its $11 billion investment in Ontario EV factories due to slowing demand in North America.

Honda Motor's FY2025 earnings revealed resilient motorcycle and hybrid sales, but auto segment weakness and 12% profit drop ...

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

Canadian governments have offered carmakers billions of dollars to help them build EV plants in the past few years. Some are ...

Slowing demand for EVs and US tariffs impact on Canada’s auto sector force the Japanese automaker to postpone plans for an EV ...

Honda announced that it is pausing about $15 billion in planned EV investments to build electric vehicle and battery ...

The automaker is delaying the plan by at least two years while seeking increased production in the U.S. for multiple models ...

The logo signboard of Japanese automaker Honda Motor atop a showroom in Tokyo on Feb. 6, 2025. Key Takeaways. Honda Motor ...

Japanese auto giant Honda has pumped the brakes on its $15 billion plan to build an electric vehicle supply chain in Canada, ...