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Honda, Ontario and EV

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

Honda said it would put on hold for "approximately two years" a $15-billion electric vehicle investment project in Ontario to build an EV supply chain in Alliston.

· 14h · on MSN

· 12h · on MSN

Honda postpones $15B of electric vehicle investments in Ontario

American Machinist · 1h

Honda Postpones EV Project in Canada

Honda CR-V Production Leaves Canada for U.S

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

Honda said on Monday that it would shift production of one of its popular vehicles from Ontario to a U.S. factory and postpone an $11 billion plan to make electric vehicles and batteries in Canada.

· 12h

· 12h · on MSN

Honda CR-V Production Leaves Canada for U.S., Responding to Tariffs

· 19h

Honda sees full-year profit down 59% as US tariffs bite, postpones Canada EV plans

Honda, Nissan Expect to Be Hit Hard by U.S. Tariffs

Two major Japanese automakers have warned that earnings will be hit hard by U.S. tariffs, underlining the risk of an industrywide downturn that could stunt Japan’s economic recovery.

· 19h

· 12h

Tariff Misery in Japan: Honda and Nissan Forecast Plunges in Profit

· 23h

Honda Motor reports 76% plunge in operating profit in huge earnings miss

Canada's National Observer5h

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 supply chain in Ontario, dealing a severe blow to Canadian EV ambitions.

11hon 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 for about two years, due to uncertainty caused by tariffs.

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.