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 ...

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 ...
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 ...
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 ...

As Honda Canada suspends EV plans, partner Asahi Kasei forges ahead in Port Colborne

While Honda is an important partner, our long‑term strategy is focused on serving multiple customers and applications, and we ...