Honda CR-V Production Leaves Canada for U.S
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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 announced the postponement on Tuesday after forecasting a 59 per cent profit decline in the current fiscal year.
Among the major government-backed EV-making investments announced in the past few years, Honda’s stands to be both the biggest and the best value from a Canadian perspective
The Canadian Press on MSN15h
Ontario mayor remains hopeful Honda's EV plant will be built, despite delayThe mayor of an Ontario municipality set to be the home for Honda's now-postponed $15-billion electric-vehicle project said Tuesday he is not giving up hope on the plant.