# Honda Motor plans to more definitively halt development on its $15-billion electric vehicle complex in Canada.

*aerospace · news · 2026-05-06 · CBC.ca*

## Key points

- Honda plans to halt development of its $15-billion EV complex in Canada due to weak U.S. demand.
- The company is shifting its North American strategy to prioritize hybrid vehicles over full EVs.
- No government funds from the $5 billion in pledged Canadian support have been released to Honda.
- U.S. policy changes, including reduced EV incentives and weaker fuel standards, influenced Honda's decision.

**Companies:** Honda, General Motors, Ford Motor Co.
**Countries:** Canada, Japan, United States

[Read the full story on CBC.ca](https://www.cbc.ca/news/business/honda-ev-plant-ontario-9.7190021)

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