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 ...

The automaker cites a market slowdown as it cuts its planned investment, but a couple of futuristic EVs are still in the ...

One week after announcing it would postpone by at least two years its large-scale investments to establish an electric vehicle supply chain in Ontario, Honda now says it plans to cut R&D investment in ...

Honda Motor is shifting focus from electric vehicles to hybrids, cutting EV investments by 30% due to slowing global demands.

which were a main driver of EV sales, as well as trade policies of various countries, including the U.S. and Europe, for its decision to focus more on hybrids. To support the plans, Honda aims to ...

Honda aims to sell 2.2 million hybrids a year by the end of the decade and is reducing EV investment amid slowing consumer ...

Uncertainty in the business environment is increasing, due particularly to the slowdown in the expansion of the EV market due ... under the new plan. Mibe pointed to Honda’s motorcycle business ...