Ontario EV project

Toronto, May 13, 2025 — In a significant setback to Canada’s electric vehicle manufacturing ambitions, Honda Canada has announced a two-year postponement of its $15-billion EV investment project in Ontario, citing a slowdown in the global EV market.The project originally unveiled in April 2024 was to include a retooled vehicle assembly plant in Alliston, a new EV battery plant, and two battery component facilities across Ontario. It was projected to create 1,000 new jobs and retain 4,200 existing positions, with an output capacity of 240,000 vehicles annually by 2028.“This delay does not affect current employment at the Alliston plant,” said…