The National Research Council of Canada (NRC) will partner with Toronto-based quantum computing company Xanadu and the ...

At present, of the over $50 billion committed to EV manufacturing by the federal government, Ontario and Quebec, about 70 per ...

After 15 years and nearly 700,000 units sold globally, Canada and the U.S. will be the first markets to launch the all-new, ...

Welcome to another edition of the “Doomed Dozen.” Every year, automakers collectively launch and discontinue dozens of vehicles. It’s always the same story: cars give way to SUVs, new hybrid and ...

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 ...

Japan's Honda Motor 7267.T forecast a 59% ... two years" a plan announced in April 2024 to build an EV supply chain in Ontario, Canada. That decision was taken due to the current slowdown ...

Slowing EV demand in North America has forced Honda to rethink the pace of its ... Management confirmed that no jobs will be lost at the current Ontario plant, and that the government has been ...

Besides delaying the EV project, Honda also said it was shifting some production of its CRV and CR-V hybrid models at its Alliston, Ontario, plant to a factory in East Liberty, Ohio. Joly ...

Honda delays its $15 billion investment ... which would include an EV plant and a standalone battery facility in Ontario. Fast forward 12 months, and the auto industry is a very different ...

Jim Hinton, intellectual property lawyer and founder of Own Innovation, says Honda postponing its plan for an EV plant in Canada comes as no surprise and predicts more will fall. He says Canada does ...

In April 2024, Honda announced it would establish battery-electric vehicle and fuel cell-electric vehicle assembly in Ontario by 2028, aiming for a capacity of 240,000 EVs per year. The project would ...

TORONTO - Honda has postponed a $15-billion electric vehicle project in Ontario, citing market demand ... delay yet in Canada as the outlook for EV growth softens.