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Honda, Ontario and EV

CBC.ca on MSN · 15h

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.

American Machinist · 1h

Honda Postpones EV Project in Canada

An $11-billion plan to manufacture 240,000 EVs/year, plus batteries, in Ontario is on a two-year hold as the Japanese automaker considers the effects U.S. tariffs on its

Global News on MSN · 12h

Honda postpones $15B of electric vehicle investments in Ontario

Honda Canada is postponing a $15-billion electric vehicle investment project in Ontario, including a proposed EV battery plant and retooled vehicle assembly facility.

Honda CR-V Production Leaves Canada for U.S

The New York Times · 12h

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 Canada.

Autoblog on MSN · 8h

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 current fiscal year, which began on April 1 and will end on March 31 next year, Honda expects the impact of the Trump Administration’s tariff policy to hammer 650 billion yen (~$4.34 billion) off its operating profits.

Car and Driver on MSN · 12h

Honda CR-V Production Leaves Canada for U.S., Responding to Tariffs

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

11hon 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 ...

7h

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.

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