Honda delays $15-billion EV project citing demand, shifts some CR-V output to U.S.

Honda delays $15-billion EV project citing demand, shifts some CR-V output to U.S.

TORONTO — Honda has postponed a $15-billion electric vehicle project in Ontario, citing market demand, and is shifting some production of its popular CR-V model intended for the U.S. market to its Ohio plant because of tariffs.
The halted investment

Facebook
Twitter
LinkedIn

Related Posts

Business, Justice, Ontario/Quebec, Politics, Social

October 12, 2026

Sharif Hassan

Toronto voters want action on affordability, housing ahead of municipal election

TORONTO — As Toronto’s leading mayoral candidates criss-cross the city,…

Read More >

Business, Construction, Environment, Ontario/Quebec, Real Estate

October 8, 2026

Jordan Omstead

Hamilton to pilot bylaw to protect downtown renters from extreme indoor heat

Landlords in downtown Hamilton will soon face new requirements to…

Read More >

Business

October 8, 2026

Brett Bundale

Stelco begins issuing layoff notices as first job cuts set to take effect Sunday

HAMILTON — Stelco Holdings Inc. has started handing out layoff…

Read More >