Honda EV Investment Pause

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Honda, Ontario and EV

Honda puts two-year pause on $15-billion EV plant in Ontario

Honda Canada has announced a two-year pause on its Ontario investments that included retooling an assembly facility and building an EV plant.

Electric Autonomy Canada · 22h

Honda hits pause on $15-billion EV value chain build out in Ontario

Slower market demand, tariffs and evolving production strategies cited as some of the reasons why Honda is pausing its Canadian EV plans

InsideEVs · 1d

Honda Pauses Canadian EV Expansion Due To Tariffs

Honda is postponing its $10.7 billion expansion in Ontario to make EVs and EV components for two years. The brand cites reduced profits from U.S. tariffs and softer-than-expected demand for EVs in the U.S. and Canada.

1don MSN

Honda postpones $15B of electric vehicle investments in Ontario

Honda Canada is postponing a $15-billion electric vehicle investment project in Ontario, including a proposed EV battery ...

Honda’s plans to delay electric vehicle factories ‘a blow to the community’

Honda announced the postponement on Tuesday after forecasting a 59 per cent profit decline in the current fiscal year.

Canada's National Observer4h

Volkswagen's EV battery-maker charges ahead with $7 billion gigafactory as rivals’ plans stall

PowerCo ‘confident’ its facility in St. Thomas, Ont., set to employ 3,000 workers, will shift into production in 2027 ...

2don MSN

Battery plant in Port Colborne, Ont., to see 'minimal' impact from Honda investment withdrawal: partner

Japanese multinational Asahi Kasei Corporation and Honda Canada formed a joint venture to make battery separators in Niagara.

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 ...

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