Honda Canada spokesman Ken Chiu said Tuesday due to the recent slowdown in the EV market, Honda has announced an approximate two-year postponement of the Ontario investment.

Honda Canada is pushing the project back. The company said Tuesday it would put the plan to build an EV supply chain — which included a proposed EV battery plant and retooled vehicle ...

TORONTO - Honda has postponed a $15-billion electric vehicle project in Ontario, citing market demand, and is shifting some production of its popular CR-V model intended for the U.S. market ...

In April 2024, Honda announced it would establish battery-electric vehicle and fuel cell-electric vehicle assembly in Ontario by 2028, aiming for a capacity of 240,000 EVs per year. The project would ...

TORONTO — Honda Canada will postpone a $15-billion Canadian (US$10.7 billion) electric vehicle investment project in Canada's most populous province, including a proposed EV battery plant and ...

Honda Canada is pushing the project back. The company said Tuesday it would put the plan to build an EV supply chain — which included a proposed EV battery plant and retooled vehicle assembly facility ...

TORONTO — Honda has postponed a $15-billion electric ... He said the decision to postpone the EV project, which would include a battery plant, a retooled assembly line, and two other plants ...

He said the decision to postpone the EV project, which would include a battery plant, a retooled assembly line, and two other plants, has no impact on the current 4,200 people who currently work at ...