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

Industry Minister Mélanie Joly said Thursday that she’s spoken with officials at Honda and Stellantis, who’ve assured her that there would be no job losses despite a shift in both companies’ EV ...

CEO Toshihiro Mibe called it “a switch in the planned course,” stressing the long-term shift toward electrification remained ...

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

Honda chief executive Toshihiro Mibe ... over the next roughly half-decade because EV adoption has fallen behind the company’s initial projections. As a corollary shift in strategy, the company plans ...

Instead of the initial plan to invest 10 trillion Yen ($69 billion) in an electrification strategy ... EV market due to several factors, including changes in environmental regulations,” Honda ...

0:35 Joly to speak with Honda after it postponed $15B EV investments in Ontario Honda ... in an electrification strategy through the fiscal year ending in 2031, Honda is reducing that investment ...

OTTAWA--Canadian Finance Minister François-Philippe Champagne remains confident in the government's growth strategy ... delaying the EV project, Honda also said it was shifting some production ...

short-term production shift strategies to mitigate negative developments, he added. It was about 13 months ago when Honda unveiled its plan for the Canada EV project, about 70 miles northwest of ...