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financeHIGHCA2026-05-05 19:21 UTC

Honda shelves $11B Canada EV factory as its electric retreat deepens

Honda is shelving its massive C$15 billion ($11 billion) EV and battery manufacturing hub in Ontario, Canada, according to a new report from Nikkei. The move escalates what was initially framed as a temporary pause into what increasingly looks like an indefinite retreat. The decision is the latest d

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