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Honda to postpone plans for EV plant in Canada for at least 2 years

538 views 11 replies 6 participants last post by  Moe  
#1 ·
Honda to postpone plans for EV plant in Canada for at least 2 years

Honda had announced plans for the Alliston, Ont., plant just over a year ago

The company said Tuesday it would put the plan to build an EV supply chain — which included a proposed EV battery plant and retooled vehicle assembly facility — in Alliston, Ont., on hold for about two years.

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#2 ·
#3 ·
Well, maybe they'll change their mind. Honda has 24 hours to meet with the Minister of Industry and explain what is going on. She's a crackerjack and will likely make Honda dance under fire a bit.
Not holding my breath for anything great to happen.

Honda excuses:
1. Down turn in EV sales.
2. Trump tariffs.
3. EV charging infrastructure is too sparse.
 
#4 ·
Don’t forget #4… they don’t actually have any experience making EVs…
 
#7 ·
And by all means copy the rest of the world in trade with China.
I'm not sure what you mean by this last line.

I believe we should let some Chinese EV into our country. No tariffs, just quotas in the near term.

More EV infrastructure is essential. There's so many EV naysayers though. They don't see what Asia and Europe have accomplished so far.