Alphabet’s Canadian bond deal, Honda suspends Ontario EV project and a summer of travel chaos: Business and investing stories for the week of May 16

Honda Canada confirmed it has indefinitely suspended plans to build a $15-billion electric-vehicle project in Ontario, Eric ...

Honda Suspension of EV Project Marks Latest Setback for Canada's Struggling Auto Sector

Ford Motor abandoned its EV plans at a factory near Toronto and instead, opted two years ago to boost output of its popular F-series pickup trucks. Canada last week disclosed it gave Ford nearly C$500 ...
Inside EVs

Honda Pauses Canadian EV Expansion Due To Tariffs

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 ...
Electrek

Honda shelves $11B Canada EV factory as its electric retreat deepens

Honda is shelving its massive C$15 billion ($11 billion) EV and battery manufacturing hub in Ontario, Canada, according to a ...

$1.5B battery separator plant in Port Colborne still a go despite Honda suspending electric vehicle plans

Work on the $1.56-billion Asahi Kasei battery separator plant in Port Colborne, Ont., is proceeding despite Honda Canada's ...