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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.
A year after the $15-billion electric vehicle project in Ontario was announced, Honda Canada is pushing the project back. The company said Tuesday it would put the plan to build an EV supply ...
Honda has assured Canada that no jobs will be lost and it is committed to major electric vehicle investments in the country, Industry Minister Melanie Joly said on Wednesday, in the wake of the ...
Canadian governments have offered carmakers billions of dollars to help them build EV plants in the past few years. Some are still on track, but others are in serious trouble. Here are the facts on ...
Honda announced that it is pausing about $15 billion in planned EV investments to build electric vehicle and battery factories in Canada amid uncertainty over trade. It’s the latest example of ...
OTTAWA--Honda Motor said it is postponing by about two years an $11 billion electric-vehicle manufacturing project in Canada, citing weaker-than-expected EV sales. "Honda will announce the ...
Honda Motor (NYSE:HMC) announced on Tuesday a two-year postponement of its ambitious $15 billion electric vehicle investment project in Ontario. The Japanese automaker pointed to a slowdown in global ...
"In light of this outlook, Honda is reassessing its EV strategy and roadmap, including plans for the EV product lineup and the timing of relevant investments including one to build a comprehensive EV ...
Automotive Dive · Courtesy of Honda Canada Inc. Honda is postponing its planned investments to build an electric vehicle supply chain in Canada by two years amid tariffs and slower than expected ...
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 ...
OTTAWA--Honda Motor said it is postponing by about two years an $11 billion electric-vehicle manufacturing project in Canada, citing weaker-than-expected EV sales. "Honda will announce the ...
The Canadian Press on MSN25d
Honda Canada postpones $15-billion EV investment project in OntarioHonda Canada is postponing a $15-billion electric vehicle investment project in Ontario, including a proposed EV battery plant and retooled vehicle assembly facility.
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