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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 Canadian government pledged $22 billion in financing and tax breaks to lure those companies.
Electric vehicle sales in Canada plummeted in March by 44 per cent compared to a year ago, even though the overall number of ...
Japanese auto giant Honda has pumped the brakes on its $15 billion plan to build an electric vehicle supply chain in Canada, ...
Honda's announcement on Tuesday that its huge investment is being put on hold isn't the only example of a project that has failed to live up to its billing. GM and Northvolt have both called a halt to ...
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