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Honda Motor Co., Ltd on Tuesday released new details explaining why it is delaying its planned $15 billion investment in a battery and electric vehicle complex in Ontario by around two years.
Honda has assured Canada that no jobs will be lost and it is committed to major electric vehicle investments in the country, ...
Ontario Premier Ford is vowing to hold auto companies that pull out from Ontario "accountable" after news that ...
Honda delays its $15 billion investment in Canada due to slowing EV demand. The postponement affects plans for a ...
The development won’t affect jobs at Honda’s Alliston, Ont., plant, but it comes at a turbulent for the province’s automotive ...
Honda Canada will postpone a $15-billion electric vehicle investment project in Canada’s most populous province, including a proposed EV battery plant and retooled vehicle assembly facility.
Honda last April announced plans to invest up to $11 billion to establish an EV production hub in Canada, which included a factory with an annual output of 240,000 EVs a year and a 36 GWh ...
Honda's forecast is the latest signal of the difficulty car makers are having navigating tariffs alongside the rise of ...
Honda Motor Co., Ltd.'s FY2025 earnings show strong motorcycle sales, but auto struggles, a 12% profit dip, and FY2026 ...
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