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Honda delays its $15 billion investment in Canada due to slowing EV demand. The postponement affects plans for a ...
President Trump’s trade war again tests Canada’s new government. Honda is also postponing a major electric vehicle factory in ...
Honda said its plan to build an EV supply chain in Alliston, Ont. — which was first announced in April 2024 — would be paused ...
Honda announced the postponement on Tuesday after forecasting a 59 per cent profit decline in the current fiscal year.
During the announcement of its 2024-2025 fiscal year financial results on May 13, Honda CEO Toshihiro Mibe stated that in the ...
Just such a development has come from Honda before it launched into a $15 billion CAD EV manufacturing campus. Now it seems ...