Honda shelves $11B Canada EV factory as its electric retreat deepens

Electrek
By Fred LambertMay 5, 2026, 3:21 pm281 ptsTop
Honda is shelving its massive C$15 billion ($11 billion) EV and battery manufacturing hub in Ontario, Canada, according to a new report from Nikkei. The move escalates what was initially framed as a temporary pause into what increasingly looks like an indefinite retreat. The decision is the latest domino to…

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