Honda Canada Postpones $15B in Ontario EV Developments for Two Years

Honda has announced a two-year delay in its $15 billion electric vehicle project in Ontario due to declining EV demand and tariff uncertainties. While CR-V production is being shifted from Canada to Ohio, Honda assures that there will be no impact on Canadian jobs. The project, which includes creating a battery plant and other facilities, initially received government support and was projected to add 1,000 jobs. This delay highlights the challenges faced by the automotive industry in Canada amidst tariff-related pressures.

Honda a reporté son projet de véhicules électriques de 15 milliards de dollars en Ontario de deux ans en raison d'une baisse de la demande et des incertitudes liées aux tarifs. Malgré le déplacement de la production de CR-V du Canada vers l'Ohio, Honda affirme que l'emploi canadien ne sera pas affecté. Ce projet, soutenu par le gouvernement, devait créer 1 000 emplois. Ce retard souligne les difficultés de l'industrie automobile canadienne face aux pressions tarifaires.