TORONTO — Honda Canada says it has indefinitely suspended its plans for a $15-billion electric vehicle complex in Ontario.
Construction has been “postponed indefinitely” in response to falling BEV demand in the US.
Honda is shelving its massive C$15 billion ($11 billion) EV and battery manufacturing hub in Ontario, Canada, according to a new report from Nikkei. The move escalates what was initially framed as a ...
Japanese auto giant Honda said Thursday its plans to build a multi-billion-dollar electric vehicle plant in Canada have been ...