More than half of the roughly $50 billion committed to Canadian EV assembly, battery manufacturing and critical minerals ...

Honda Motor Co. Chief Executive Toshihiro Mibe stressed the long-term shift toward electrification remained unchanged, just pushed back in time.

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 ... roughly ...

Earlier this month, Honda paused a C$15 billion ($10.7 billion) EV project in Ontario, Canada, citing declining demand. Despite the slowdown, Honda still targets all new vehicle sales to be either ...

Earlier this month, Honda announced a two-year delay on a C$15bn ($10.7bn) plan to establish an EV production base in Ontario, Canada, due to the reduced demand for electric cars. Despite these ...

(Credit: Kyodo News via Associated Press) 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 ...

Honda is rethinking its playbook when it ... icing a $10.7 billion plan to convert its factory in Alliston, Ontario, into an EV manufacturing facility. That plant was meant to support the Ohio ...

Earlier this month, Honda also paused a major investment in Canada, shelving a C$15 billion (US$10.7 billion) plan to build an EV production hub in Ontario. That decision, attributed to softening ...

Earlier this month, Honda announced it had put on hold for about two years a C$15 billion ($10.7 billion) plan to build an EV production base in Ontario, Canada, due to slowing demand for electric ...

In yet another setback to Ontario’s automotive sector, Honda Canada announced that it is delaying a $15-billion electric-vehicle project in Ontario for two years due to weak demand for EVs.