🚨Honda is CANCELING it's $15B EV plant in Canada.
The Honda plant was part of the failed $52B Liberal plan to shower manufacturers with subsidies to develop the industry here.
Honda will make EVs and hybrids it needs in Ohio instead where it can do so on one production line. pic.twitter.com/h6MydWJh59
— Kirk Lubimov (@KirkLubimov) May 5, 2026
Factcheck: **Yes, mostly true per latest reports.**
Nikkei (via Automotive News, May 5 2026) says Honda is **indefinitely suspending** its C$15B EV/battery investment in Alliston, Ontario — originally announced in 2024 as Canada’s biggest auto-sector deal. Outright cancellation is now possible due to weak short-term EV demand in the US. It was already postponed once in spring 2025.
Honda is shifting focus to more flexible production (including hybrids) at existing North American plants, such as in Ohio, where it can run EVs and hybrids on the same lines. No final cancellation confirmed yet, but the Canada project is effectively on ice.