Honda pulls the plug on $15B Ontario EV plant
The automaker cited a decline in U.S. demand for EVs as the reason, saying the automaker will now “put hybrids at the centre of its North American strategy.”
Honda announced that it will halt plans to build its $15 billion electric vehicle plant in Ontario, according to Japanese outlet Nikkei Asia.
The automaker cited a decline in U.S. demand for EVs as the reason, saying the automaker will now “put hybrids at the centre of its North American strategy.”
