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Honda announced a two-year delay in its planned 15 billion CAD (approximately 11.25 billion USD) electric vehicle (EV) and ...
Honda Motor Co., Ltd on Tuesday released new details explaining why it is delaying its planned $15 billion investment in a ...
Honda's EV project in Canada includes a retooled assembly plant and an electric vehicle ... "Obviously a two-year delay, that's not desirable, but understandable [given] what's going on in ...
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 ...
New Tecumseth Mayor Richard Norcross says he is disappointed with Honda's decision but he will continue to advocate for the project, which was expected to create about 1,000 jobs.
Last year, Honda announced it expected to move somewhere around 2 million EVs over the next two years. That projected figure ...
Honda Motor's FY2025 earnings revealed resilient motorcycle and hybrid sales, but auto segment weakness and 12% profit drop ...
The announcement by Honda Canada that it is delaying its $15-billion plans to make EVs and EV batteries in Ontario ... subsidies for a $7-billion battery plant, Honda settled for a comparatively ...
Honda said it is delaying its scale-up in the community of Alliston, which includes a battery plant and retooled vehicle assembly line, for about two years as it monitors market conditions. It's the ...