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Honda pauses planned EV factory in Canada

Electric Autonomy Canada · 1h

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

Daily Hive · 19h

Honda puts two-year pause on $15-billion EV plant in Ontario

Honda Canada has announced a two-year pause on its Ontario investments that included retooling an assembly facility and building an EV plant.

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.

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 ...

1d

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

President Trump’s trade war again tests Canada’s new government. Honda is also postponing a major electric vehicle factory in ...

1d

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 Says U.S. Tariffs Will Erase $4 Billion From Profits

During the announcement of its 2024-2025 fiscal year financial results on May 13, Honda CEO Toshihiro Mibe stated that in the ...

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