Honda more definitively halting $15B EV plant development in Ontario, according to reports

Employees in white shirts and caps working on an assembly line at a Honda manufacturing centre in Alliston, Ontario.

Japanese news media reported that Honda Motor plans to indefinitely halt the development of its $15-billion electric vehicle complex in Canada, though Honda Canada said they had nothing to report at this time. Ottawa acknowledged automakers face “significant challenges,” but did not say whether the company had updated them on those plans.