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Honda to Postpone EV Investments in Ontario by Two Years, Move Some CR-Vs
Honda said on Tuesday it would postpone by at least two years its large-scale investments to establish an electric vehicle supply chain in Canada. Originally announced in April of last year , the project is valued at $15 billion,
Honda said its plan to build an EV supply chain in Alliston, Ont. — which was first announced in April 2024 — would be paused ...
Slower market demand, tariffs and evolving production strategies cited as some of the reasons why Honda is pausing its ...
The automaker is delaying the plan by at least two years while seeking increased production in the U.S. for multiple models ...
Honda Canada has announced a two-year pause on its Ontario investments that included retooling an assembly facility and ...
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