Honda Canada EV Delay

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Honda, EV and Canada

Honda to postpone plans for EV plant in Canada for at least 2 years

Honda said its plan to build an EV supply chain in Alliston, Ont. — which was first announced in April 2024 — would be paused for about two years, due to uncertainty caused by tariffs.

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Honda’s EV delay shows how Canada’s new Industry Minister has her work cut out for her

The Canadian Press on MSN · 12h

Joly says Honda still committed to EV investments after $15-billion project delayed

Tariffs Drive Honda to Move S.U.V. Production From Canada to U.S.

Honda said on Monday that it would shift production of one of its popular vehicles from Ontario to a U.S. factory and postpone an $11 billion plan to make electric vehicles and batteries in Canada.

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Honda Postpones $11 Billion Canada EV Project for Two Years on Weak Sales -- Update

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Tariff Misery in Japan: Honda and Nissan Forecast Plunges in Profit

Wealth Professional1d

Honda delays $15 billion EV build as demand stalls and tariffs bite

Honda Motor has delayed its planned $15bn electric vehicle (EV) battery and assembly facility in Ontario by approximately two years, citing slowing EV demand and tariff impacts, as reported by Reuters .

14h

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.