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Honda, Ontario and EV

CBC.ca on MSN · 1d

Ford vows to hold Honda 'accountable' after it postpones $15B Ontario EV project

Ontario Premier Ford is vowing to hold auto companies that pull out from Ontario "accountable" after news that Honda announced it is putting a major electric vehicle supply chain planned for the province on hold.

Global News on MSN · 22h

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 plant and retooled vehicle assembly facility.

The Car Guide · 1d

Honda to Postpone EV Investments in Ontario by Two Years, Move Some CR-Vs

Honda said on Tuesday it would postpone by at least two years its large-scale investments to establish an electric vehicle supply chain in Canada. Originally announced in April of last year , the project is valued at $15 billion,

Honda Shifts CR-V Production from Canada

Car and Driver on MSN · 2h

Honda Shifts CR-V Production from Canada to the U.S. Due to Tariffs

Honda is also postponing its $11 billion investment in Ontario EV factories due to slowing demand in North America.

The New York Times · 22h

Tariffs Drive Honda to Move S.U.V. Production From Canada to U.S.

President Trump’s trade war again tests Canada’s new government. Honda is also postponing a major electric vehicle factory in Canada.

Autoblog on MSN · 18h

Honda Says U.S. Tariffs Will Erase $4 Billion From Profits

During the announcement of its 2024-2025 fiscal year financial results on May 13, Honda CEO Toshihiro Mibe stated that in the current fiscal year, which began on April 1 and will end on March 31 next year, Honda expects the impact of the Trump Administration’s tariff policy to hammer 650 billion yen (~$4.34 billion) off its operating profits.

2h

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 ...

Canada's National Observer15h

Honda pumps brakes on $15 billion EV hub, Ontario premier vows to hold auto firms 'accountable'

Slowing demand for EVs and US tariffs impact on Canada’s auto sector force the Japanese automaker to postpone plans for an EV ...

17h

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.

21hon MSN

Honda to postpone plans for EV plant in Canada for at least 2 years

Honda said its plan to build an EV supply chain in Alliston, Ont. — which was first announced in April 2024 — would be paused ...

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