Honda says electric vehicle sales were slowing in the U.S., prompting the Japanese automaker to scrap its previous goal of ...

Honda announced on Tuesday that it will scale back its ambitious electric vehicle (EV) targets, citing slower-than-expected ...

Honda cited weaker-than-expected EV sales for its decision, and that the company would diverge more about its EV strategy next week. Champagne said Honda remains committed to the project ...

prompting automakers to reconsider their EV strategies, but it’s not as though EVs are suddenly unpopular. A Delayed Investment with Major Implications Honda’s CA$15 billion commitment was ...

A year after the $15-billion electric vehicle project in Ontario was announced, Honda Canada is pushing the project back. The company said Tuesday it would put the plan to build an EV supply ...

Honda Canada has announced a two-year pause on its Ontario investments that included retooling an assembly facility and building an electric vehicle (EV) plant. The company says that the current Honda ...

Honda Chief Executive Toshihiro Mibe had told investors earlier Tuesday that the automaker would present more details on May 20 about changes to its EV strategy. Postponing the Canadian EV project ...

TORONTO (AP) — Honda Canada will postpone a $15-billion Canadian (US$10.7 billion) electric vehicle investment project in Canada's most populous province, including a proposed EV battery plant ...

Japan's Honda Motor 7267.T forecast a 59% profit decrease in the current financial year and said it would put on hold a plan to build an EV supply chain in Canada, amid the uncertainty ...

Opinion: Canada’s electric vehicle strategy has failed ... Regardless of Honda’s reasons for delaying its EV plans, it shows that Canada has to do a better job of defining in which aspects ...