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 ...

He said the decision to postpone the EV project, which would include a battery plant, a retooled assembly line and two other plants, has no effect on the 4,200 people who currently work at the ...

To date, E2 has tracked 390 major clean energy projects across 42 states and Puerto Rico since the Inflation Reduction Act passed in August 2022. In total, companies plan to invest $132 billion ...

But as Prime Minister Justin Trudeau prepares to exit office in March, construction on many of those projects has hardly begun, and only a fraction of the estimated $31 billion in federal support has ...

The BMTC, a group of Canadian and U.S. companies building upstream and downstream battery projects, remains hopeful that the buildout of the EV supply chain is creating enough jobs in constructing ...

In the U.S., EV sales were up 7.3 per cent for 2024 from a year earlier and made up 8.1 per cent of total sales, according to Cox Automotive. It expects one in every four vehicles sold this year ...

Joly says Honda still committed to EV investments after $15-billion project delayed By: Catherine Morrison, The Canadian Press Posted: 7:39 PM CDT Wednesday, May. 14, 2025 Last Modified: 8:40 PM ...