u/SkPensFan

"Honda Motor is set to freeze plans to build an electric vehicle factory in Canada, Nikkei has learned, as sluggish U.S. demand pushes it to put hybrids at the center of its North American strategy.

The Japanese automaker had decided in May last year to postpone by two years construction of the plant and an accompanying battery factory in Ontario. Their plans were first announced in April 2024 and were originally slated to start up as early as 2028.

Seeing market conditions as unlikely to improve in the short term, Honda decided to indefinitely suspend the project, and has entered talks with the Canadian government. Scrapping it entirely is on the table, depending on how North American EV policies move."

Truly an incredible failure by Honda.

"Subject to regulatory approvals and other necessary conditions, if everything goes as we hope it will, we plan to be ready to sell Chery vehicles in Canada in Q4 of 2026"

"Given the limited volume in these first years, we will likely focus on the key markets in B.C., Ontario, and Quebec but we are exploring all possibilities and we are very pleased with how much excitement there is within many of the Canadian dealers."

"The brands we are considering for Canada are Omoda and Jaecoo..."

"Our goal is to establish a long-term presence in Canada and provide Canadians with advanced technology and strong value across multiple vehicle segments including HEV, PHEV, and ICE vehicles of various size"