The postponement affects plans for a 240,000-vehicle EV plant and battery ... In a letter sent to Honda shareholders, the automaker attributed the delay to the current slowdown in EV demand.

Honda Motor ... the two-year delay to its planned EV project in Canada is not a prelude to a cancellation. The project was announced in April 2024 with an original timeline to begin production by 2028 ...

Honda chief ... the two-year delay to its planned EV project in Canada is not a prelude to a cancellation. The project was announced in April 2024 with an original timeline to begin production by 2028 ...

More than half of the roughly $50 billion committed to Canadian EV assembly, battery manufacturing and critical minerals ...

The delay of Honda’s $15 billion Canadian EV project, which was to include a 240,000-vehicle assembly plant and a 36 GWh battery facility, isn’t a bad thing, but it is a reaction to the market ...

OTTAWA — Industry Minister Mélanie Joly says Honda Canada ... U.S. market to its Ohio plant because of tariffs. The halted investment marks by far the biggest project delay yet in Canada ...

Honda cited weaker-than-expected EV sales ... assembly plant. Swedish battery maker Northvolt has also filed for bankruptcy, and its planned factory in Quebec is facing a sizable delay.

Honda cited ... battery-pack assembly plant. Swedish battery maker Northvolt has also filed for bankruptcy, and its planned factory in Quebec is also facing a sizable delay. Back To Top ...