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AUTOPOST on MSN11d
Honda Just Delayed a $15 Billion EV Megaproject—Here’s What Went WrongHonda announced a two-year delay in its planned 15 billion CAD (approximately 11.25 billion USD) electric vehicle (EV) and ...
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Slower market demand, tariffs and evolving production strategies cited as some of the reasons why Honda is pausing its ...
Honda is cutting its global EV investment by 30% and delaying its Canadian EV project, shifting focus to hybrid vehicles ...
Honda Motor's FY2025 earnings revealed resilient motorcycle and hybrid sales, but auto segment weakness and 12% profit drop ...
Last year, Honda announced it expected to move somewhere around 2 million EVs over the next two years. That projected figure ...
Honda Motor Co., Ltd on Tuesday released new details explaining why it is delaying its planned $15 billion investment in a battery and electric vehicle complex in Ontario by around two years.
The Canadian Press on MSN13d
Hope remains that Honda’s Ontario EV plant will be built, despite delayHonda said it is delaying its scale-up in the community of Alliston, which includes a battery plant and retooled vehicle ...
Japanese automaker Honda Motor Co. (HMC) is postponing a $15-billion electric vehicle (EV) project in Ontario as it shifts ...
Honda Motor Co. Chief Executive Toshihiro Mibe called the decisions “a switch in the planned course,” while stressing the ...
This report comes on the heels of an earlier one where Honda said it would pause construction plans of the new EV-dedicated plant in Ontario for at least two years. Yet, the automaker still holds ...
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