Honda assures Canada no jobs will be lost
Digest more
With Canada’s electric vehicle industry stalling this week, some are worried the sector may experience a full-scale power outage in the months ahead.
Canadian governments have offered carmakers billions of dollars to help them build EV plants in the past few years. Some are still on track, but others are in serious trouble. Here are the facts on where they stand.
A new Electric Mobility Canada report sorts through the noise to find out how and if EV shoppers will be affected by tariffs
Honda announced on Tuesday that it has postponed a $15-billion electric-vehicle project, citing market demand, and is shifting some production of its popular CR-V model intended for the U.S. market to its Ohio plant because of tariffs. The halted investment marks by far the biggest project delay yet in Canada as the outlook for EV growth softens.
6h
The Vancouver Sun on MSNB.C. car dealers brace for end of EV rebate as zero-emission targets remain in placeLeigh Heppner, general manager of Preston Chevrolet Buick GMC Cadillac in Langley, told Postmedia that the rebate had been successful in drawing customers toward EVs but that cost pressures are ramping up and the lack of a rebate is likely to drive down sales.
Slower market demand, tariffs and evolving production strategies cited as some of the reasons why Honda is pausing its Canadian EV plans
As we reported last month, global sales of BEVs and PHEVs had already topped 4.1 million through the first three months of the year. Now, with April’s figures in, the total for the first four months stands at an impressive 5.6 million units, according to data from RhoMotion.
More than one in four cars sold worldwide in 2025 will be electric, according to the latest projections from the International Energy Agency, and will reach 40 per cent of all new cars by 2030.