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EV, Honda

UPI on MSN · 18h

Honda to cut back on EV investment due to dissatisfaction in the market

The Honda Motor Company announced Tuesday it will cut back on its previous investment plan for electric vehicle technology in response to its disappointment in the growth of the EV market.

The Car Guide · 18h

Honda to Cut EV Spending and Sales Targets, Focus on Next-Gen Hybrids

One week after announcing it would postpone by at least two years its large-scale investments to establish an electric vehicle supply chain in Ontario, Honda now says it plans to cut R&D investment in electrification and software by 30 percent through the end of the decade.

The Canadian Press on MSN · 7d

Honda delays $15-billion EV project citing demand, shifts some CR-V output to U.S.

Honda Canada is postponing a $15-billion electric vehicle investment project in Ontario, including a proposed EV battery plant and retooled vehicle assembly facility.

13h

Honda reveals delay of $15-billion Canada investment part of shift in EV strategy

Honda Motor Co., Ltd on Tuesday released new details explaining why it is delaying its planned $15 billion investment in a ...

7don 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 ...

6don MSN

Honda assures Canada no jobs will be lost after EV plan postponement, minister says

Honda has assured Canada that no jobs will be lost and it is committed to major electric vehicle investments in the country, ...

Electric Autonomy Canada5d

Honda hits pause on $15-billion EV value chain build out in Ontario

Slower market demand, tariffs and evolving production strategies cited as some of the reasons why Honda is pausing its ...

MotorBiscuit on MSN5d

Welcome the Honda CR-V to Ohio as it moves from Canada

An incredibly popular Japanese SUV is moving from Canada to Ohio. Welcome the Honda CR-V as it gets built in a state ...

6d

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 ...

6don MSN

Battery plant in Port Colborne, Ont., to see 'minimal' impact from Honda investment withdrawal: partner

Japanese multinational Asahi Kasei Corporation and Honda Canada formed a joint venture to make battery separators in Niagara.

7d

Honda faces 59% profit drop, pauses EV supply chain expansion in Canada

Honda's forecast is the latest signal of the difficulty car makers are having navigating tariffs alongside the rise of ...

7don MSN

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 ...

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