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The automaker is delaying the plan by at least two years while seeking increased production in the U.S. for multiple models ...
Honda Canada is postponing a $15-billion electric vehicle investment project in Ontario, including a proposed EV battery ...
Japanese auto giant Honda has pumped the brakes on its $15 billion plan to build an electric vehicle supply chain in Canada, ...
The Canadian Press on MSN3h
Joly says Honda still committed to EV investments after $15-billion project delayedOTTAWA - Industry Minister Mélanie Joly says Honda Canada remains "fully committed" to major electric-vehicle investments in ...
Honda is also postponing its $11 billion investment in Ontario EV factories due to slowing demand in North America.
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 ...
Honda Canada has announced a two-year pause on its Ontario investments that included retooling an assembly facility and ...
Honda’s CA$15 billion commitment was touted by former Prime Minister Justin Trudeau as the “largest auto investment in Canada ...
Japanese automaker Honda Motor Co. (HMC) is postponing a $15-billion electric vehicle (EV) project in Ontario as it shifts ...
Honda Motor has delayed its planned $15bn electric vehicle (EV) battery and assembly facility in Ontario by approximately two ...
Honda’s decision to delay its $15-billion Electric Vehicle project in Alliston, Ontario for two years is a reminder of the ...
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 ...
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