Honda indefinitely suspends $15B EV plant in…


Honda has indefinitely suspended its plans for a $15-billion electric vehicle complex in Ontario due to changing business conditions.

The Japanese automaker said last May it was pausing development at the plant, with plans to review where the EV market was at in two years.

The decision to more definitively suspend the plant was first reported last week by Japanese media, but at the time Honda did not confirm the news.



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