Honda Canada has indefinitely suspended its ambitious $15-billion electric vehicle supply chain project in Ontario, casting uncertainty over one of the country’s largest EV manufacturing investments.
The project, first unveiled in 2024 alongside Prime Minister Justin Trudeau and Premier Doug Ford, was set to transform Honda’s Alliston operations into a major EV production hub. Plans included four new facilities across Ontario, anchored by a new electric vehicle assembly plant and a stand-alone battery manufacturing plant in Alliston.
“To complete the supply chain,” Honda said at the time. The company also intended to build a cathode active material and precursor processing plant through a partnership with POSCO Future M Co., Ltd., along with a battery separator plant through a joint venture with Asahi Kasei Corporation. Once fully operational in 2028, the assembly plant was expected to produce up to 240,000 vehicles annually, as per a government release.