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Canada Confident About EV Strategy Amid Honda Setback -- Update
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.
Ontario Premier Ford is vowing to hold auto companies that pull out from Ontario "accountable" after news that ...
Honda Canada has announced a two-year pause on its Ontario investments that included retooling an assembly facility and ...
Japanese auto giant Honda has pumped the brakes on its $15 billion plan to build an electric vehicle supply chain in Canada, ...
Subaru is the latest Japanese automaker to announce it will “re-evaluate” its EV plans. The company is rethinking its ...
During the announcement of its 2024-2025 fiscal year financial results on May 13, Honda CEO Toshihiro Mibe stated that in the ...
Premier Doug Ford says he will hold auto-manufacturers "accountable" and ensure they continue making vehicles in Ontario ...
Honda announced the postponement on Tuesday after forecasting a 59 per cent profit decline in the current fiscal year.
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