Honda EV Investment Pause

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Honda, Ontario and EV

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 Canadian EV plans

InsideEVs · 1d

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 the U.S. and Canada.

Daily Hive · 1d

Honda puts two-year pause on $15-billion EV plant in Ontario

Honda Canada has announced a two-year pause on its Ontario investments that included retooling an assembly facility and building an EV plant.

Simcoe.com2h

Here’s what Premier Doug Ford and other officials had to say about Honda’s decision to pause proposed plants in Alliston

Honda of Canada announced this week, they would be pausing plans for the proposed electric vehicle and battery plants in Alliston. Originally announced in April 2024, the $15 billion project would see ...

2don 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 ...

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.

1don MSN

Honda postpones $15B of electric vehicle investments in Ontario

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

2don 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.

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