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News

Honda, EV and Canadian Investment

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Honda Blames EV Slowdown For Icing $15 Billion Canadian Investment
Honda delays its $15 billion investment in Canada due to slowing EV demand. The postponement affects plans for a 240,000-vehicle EV plant and battery facility. EV sales continue to rise in Canada and the US,

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 · 18h · on MSN
The Canadian Press on MSN · 8h
Joly says Honda still committed to EV investments after $15-billion project delayed
 · 1d · on MSN
Honda delays a large electric vehicle investment in Canada
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.
10h
Canada Confident About EV Strategy Amid Honda Setback -- 2nd 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 ...

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