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

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October 31, 2025

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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.

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