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The Canadian Press on MSN17h
Joly says Honda still committed to EV investments after $15-billion project delayedHonda announced on Tuesday that it has postponed a $15-billion electric-vehicle project, citing market demand, and is shifting some production of its popular CR-V model intended for the U.S. market to ...
Slower market demand, tariffs and evolving production strategies cited as some of the reasons why Honda is pausing its ...
PowerCo ‘confident’ its facility in St. Thomas, Ont., set to employ 3,000 workers, will shift into production in 2027 ...
The main reason is that wind and solar are intermittent and fail to produce electricity when needed, or produce lots of ...
2hon MSNOpinion
Subsidies are in the news. Two in particular: film tax credits and EV support. It’s a sordid tale of doomed subsidy ...
20hon MSN
Honda Motor Co. Ltd. says it is altering its manufacturing strategy so that its Alliston, Ont., plant will now produce its ...
Honda Canada announced it was suspending construction on about $15B worth of EV assembly plants in Ontario. Sun political ...
David Adams, chief executive at the Global Automakers of Canada, talks with Financial Post’s Larysa Harapyn about the pause at Honda Motor Co. Ltd. ‘s electric vehicle plant, and the state of the EV ...
The halted investment marks by far the biggest project delay yet in Canada as the outlook for EV growth softens.
Honda (HMC) is facing a $3 billion profit hit ... “We would expect an update over the coming weeks.” Meanwhile, Chinese EV makers XPeng (XPEV) and BYD (BYDDY) each surged over 7%.
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